Question: Part A : simultaneous moves game a). VVlth all the chaotic mess that's happening in the world I read an article about how businessman are

Part A : simultaneous moves game a). VVlth all the chaotic mess that's happening in the world I read an article about how businessman are investing heavily on Covid vaccine lab to get the vaccine out as fast as possible into the public. It turns out that this is a multi- million investment so there's a large market share to capture. And since every country now are on the rush to get it to the market. So I was ask to myself how decisions will be made to capture that market and I came up with two example to make things simpler. The two Covid Vaccine Company is Antilgdtegh and EX-COVID. They are to compete in the Covid-Vaccine market. To capture the market, they must choose an advertisement strategy by going to have a large campaign, a medium campaign, or small campaign. The cost of advertising is very expensive, but helps the two company to capture more market share. The two company must select their strategies simultaneously, and without knowing what their rival is doing. The payoff matrix shows how each possible outcome of the game affects the two players. Anthggvidtechis choice of strategy determines the row. EX-COVID's choice of Strategy determines the column.The payoffs are in millions of dollars. EXCOVID Large Medium Small Large 0,0 12,16 18,18 Anti-Covidtech Medium 8,24 16,32 20,15 Small 10,36 14,40 18,36
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