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Lil Devil and A1 are considering a production strategy for their pizzas. If they each produce a small output, they can price the product higher and make more profit than if they each produce a large output. Their payoff or profit martrix is given below. Lil Devil Low output High output For Lil Devil ($) 140,000 |For Lil Devil ($) 210,000 Low output A1 For A1 ($) 140,000 For A1 ($) 50,000 For Lil Devil ($) 50,000 For Lil Devil ($) 130,000 High output For A1 ($) 210,000 For A1 ($) 130,000 a) Does either player have any dominant strategy here? O yes O no b) What is the Nash equilibrium to the game? O high/low O low/low O low/high O high/high c) Do you think that a cartel arrangement would be sustainable? no O yes