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GMM rece =) Pelee see Reeli am) loli ECN 104 - F2025 - Section O11 Noorman Hothi 11/26/2510:06 PM (@) . Question Completed: 11 of 60 | Homework: Homework 7 Pei My score: 10.43/60 pts (17.38%) av Minimize list Imagine a situation in which two individuals go out on a hunt. Each can individually choose to hunt a stag or hunt a hare. Each player must choose an action without knowing the choice of the other. If an individual hunts a stag, he must have the cooperation of his partner in order to succeed. An individual can get a hare by himself, but a hare is worth less than a stag. Text Problem 3 Q@ If they both hunt a stag, then they both earn 10 happiness points each. If one hunts a stag and the other hunts a hare, then the stag hunter gets nothing and the hare hunter earns Question | 0.43/1 pt 5 points of happiness. If both hunters hunt hares, then they earn 5 points of happiness each. Construct the payoff matrix for Hunter 1 and Hunter 2. Text Problem 4 Question | 1/1 pt iv) Hunter 2 Hunt Stag Hunt Hare Box 1 Box 2 Text Problem 8 Hunt Stag ; ; , ; Questi 1/1 pt 6 10 points/10 points 0 points/5 points ueston P Hunter 1 Box 3 Box 4 Concept Question 13.2.1 Hunt Hare 5 points/0 points 5 points/5 points Question | 1/1 pt Q . . Hunter 1 does not have a dominant strategy, and Hunter 2 does not have a dominant strategy. Concept Question 13.2.2 Identify the Nash equilibrium(s): Question | 1/1 pt e@ as O A. Box 1. OB. Box 4. D. Boxes 2 and 3. Concept Question 13.2.4 E. There is no Nash equilibrium. 13 a Concept Question 13.2.3 . Question | 0/1 pt D C. Boxes 1 and 4. Question | 0/1 pt