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1. For the following payoff matrix, find these: a) Nash equilibrium or Nash equilibria (if any)...

1. For the following payoff matrix, find these: a) Nash equilibrium or Nash equilibria (if any) b) Maximin equilibrium c) Collusive equilibrium (also known as the "cooperative equilibrium") d) Maximax equilibrium e) Dominant strategy of each firm (if any) Firm A Strategy X Strategy Y Firm B Strategy X 200 23 250 20 Strategy Y 30 50 1 500

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