Question: Consider a game in which, simultaneously, player 1 selects any real number x and player 2 selects any real number y. The payoffs are

Consider a game in which, simultaneously, player 1 selects any real number

Consider a game in which, simultaneously, player 1 selects any real number x and player 2 selects any real number y. The payoffs are given by: u (x, y) = 2x - x? + 2xy u2(x, y) = 10y 2xy - y?. (a) Calculate and graph each player's best-response function as a function of the opposing player's pure strategy. (b) Find and report the Nash equilibria of the game.

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