Consider the following payoff matrix.

P 1			P 2
	C	D
A	3, 0	2, 3
B	0, 5	4, 2

a. What is the pure strategy Nash Equilibrium? (You may select multiple options, but there is a penalty for incorrect options. So, selecting all will not get you full credit.)

b. i.Find the mixed-strategy Nash equilibrium. TYPE YOUR ANSWERS BELOW IN FRACTION FORMAT (e.g. write 1/2 --do not insert space--rather than 0.5 or other representations). DO NOT USE PARENTHESES OR QUOTATION MARKS, JUST TYPE IN THE CORRESPONDING PROBABILITY IN FRACTION FORMAT.

Answer:At the mixed strategy Nash equilibrium, Player 1 plays A with probability of (Answer) and B with probabilityof (Answer); Player 2 plays C with probability(Answer) and D with probability(Answer)

b. ii.What is the probability that the outcome of the game will be(A, C)?Answer