Question: Please answer part a and b. Incorrect answer is 23. Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions.

Please answer part a and b. Incorrect answer is 23. Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. a. What is player 1's optimal strategy? O Strategy A C) Strategy B O Player 1 does not have an optimal strategy. b. Determine player 1's equilibrium payoff. 23

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