Question: 3. Consider the game below, please answer the following questions: a. Does either Rowena or Colin have a (strongly) dominant strategy? Explain why or why

3. Consider the game below, please answer the following questions: a. Does either Rowena or Colin have a (strongly) dominant strategy? Explain why or why not. b. Use iterated elimination of dominated strategies to reduce the game as much as possible. Give the order in which the eliminations occur and give the reduced form of the game. c. Is this game dominance solvable? Explain why or why not. d. Find the Nash equilibrium (or equilibria) of this game if there are any. Colin K L M N A 3, 1 4, 5 6, 4 3, 5 Rowena B 8, 2 6, 4 3, 7 2, 8 C 7, 3 5,7 4, 3 5, 6 D 5, 4 7, 4 5, 3 4, 5

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