Hi I needed some help with these problems

6. Use the table below to answer the following questions: Player 2 strategies Player 1 strategies The first value in each cell is the payoff for player 1 The second value in each cell is the payoff for player 2 What is the dominant strategy for player 1? What is the dominant strategy for player 2? If both players play their dominant strategies what wo What is the Maximin strategy for each player? What is(are) the Nash equilibrium(s) uld be the outcome? {DQ-f'U'm True/False a. In an oligopoly industry there are very few sellers b. A Cartel can be formed when the number of firms in the industry is very large c. A firm is producing with excess capacity when the firm does not produce at the lowest ATC d. In the price leadership model of oligopoly, the largest two firms make decisions for all the firms in the industry e. The Kinked Demand model of oligopoly exp change very often f. A contestable market is one where the minimum ATC is zero ar to Perfectly Competitive prices when the market is contestable lains why prices in contestable markets do not g. Oligopoly prices are simil h. Oligopolist may agree to cooperate thus setting prices like a Monopoly I. Monopolistic competition is like MonOpoly in that firms are price setters J- Monopolistic competition is like Perfect Competition in that firms choose output to maximize profit