5 points Save Are QUESTION 10 A Note: No referencing is required for short answer questions, The following market is a duopoly populated only by the companies Alpha and Beta. The pay off matrix immediately below shows the combinations of pricing strategies available to the two companies. The numbers represent millions of dollars in profit. (The negative sign indicates a loss.) Beta High price Low price -50, 250 Alpha High price 100, 200 Low price 200, 100 0, 100 Assuming Alpha and Beta act in their own self interest, explain what will be the most likely pay off for these firms in (1) a one shot game, and (10) an infinitely repeated game. Make reference to the concept of Nash equilibrium in your answer, For the toolbar, press ALT.F10 (PC) or ALT.FN.F10 (Mac)