a) Explain the basic assumption / features of game theory. (5 marks) b) Distinguish between cooperative game and non-cooperative game. (2marks) c) Using a payoff matrix of your choice demonstrate how dominant strategy is arrived in Prisoners dilemma situation. (5marks.) d) Describe sequential move games and explain how they are solved. (5 marks) e) Compare and contrast among the following: externality interfirm externality, beneficial externality and externality in utility. (8 marks) f) Explain the attributes of public goods and explain how free-rider problem arises.(5marks)