Question: In the following payoff table, two decision makers, Gates and Dell, must make simultaneous decisions to either cooperate or not cooperate with each other. Please

In the following payoff table, two decision makers, Gates and Dell, must make simultaneous decisions to either cooperate or not cooperate with each other. Please indicate the Nash equilibrium in the game. Does the result represent a prisoner€™s dilemmasituation?

Dell Not Cooperate Cooperate Gates Not Cooperate 100, 100 600, 50 Cooperate 50, 600 500, 500

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