Question: Please answer both! QUESTION 13 Dominant strategies are always present in simultaneous games. result in a prisoners' dilemma. result in one firm winning and the

Please answer both!

QUESTION 13 Dominant strategies are always present in simultaneous games. result in a prisoners' dilemma. result in one firm winning and the other losing. None of these. QUESTION 14 Firm B Do Not Enter Enter Enter -20 Firm A 10 50 Do Not 40 O Enter O O The above figure shows the payoff to two airlines, A and B, of serving a particular route. If the two airlines must decide simultaneously, which one of the following statements is TRUE? Only firm A will enter the market. Only firm B will enter the market. The outcome of the game is unpredictable. Neither firm entering is a Nash equilibrium

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