Question: 6. (15%) Use the following normal-form game to answer the following question. Player 2 Player 1 Strategy Cc D A 30,30 70,0 B 0,70 60,60

6. (15%) Use the following normal-form game to answer the following question. Player 2 Player 1 Strategy Cc D A 30,30 70,0 B 0,70 60,60 a. Identify the one-shot equilibrium b. Suppose the players know this game will be repeated three times. Can they achieve payoffs that are better than the one-shot game Nash Equilibrium? Explain. c. Suppose the game is infinitely repeated and the interest rate is 6%. Can the player achieve payoffs that are better than the one-shot game equilibrium? Explain

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