Question: 3. Consider the following information for a simultaneous move game: If you advertise and your rival advertises, you each will earn $5 million in profits.

3. Consider the following information for a simultaneous move game: If

3. Consider the following information for a simultaneous move game: If you advertise and your rival advertises, you each will earn $5 million in profits. If neither of you advertises, you will each earn $10 million in profits. However, if one of you advertises and the other does not, the hospital that advertises will earn $15 million and the non-advertising hospital will earn $1 million. If you and your rival plan to hand your business down to your children (and this "bequest" goes on forever), then a Nash equilibrium when the interest rate is zero is

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