Question: Part 1: Write down a game matrix that represents a Prisoner's Dilemma. Part 2: Ann and Bob are in Cournot competition. They face an aggregate

 Part 1: Write down a game matrix that represents a Prisoner's

Part 1: Write down a game matrix that represents a Prisoner's Dilemma. Part 2: Ann and Bob are in Cournot competition. They face an aggregate demand described by Q = 50 - 2 P. Ann incurs a constant marginal cost of 3 per unit of output that she produces, and Bob a constant marginal cost of2 per unit of output that he produces. Write down all elements of a normal form game that captures this situation, including objective functions for both Ann and Bob

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