1. A game played by 2 players using 3 chips which are red, blue and white. Each player will choose one chip and place it on the table at the same time. Each chip is only played once (not returned to the bottom of the table for replay). The rules of this game are as follows: Chip Payoff (IDR) Red beats White 50 White beats Blue 40 Blue beats Red 30 Same color 0 Define: a. (10 points): Draw the payoff matrix from the game above! b. (10 points): Determine the saddle point for the above problem c. (10 points); Formulate the LP model for Player 1