Question: Please see attached and help me with this problem. The payoff functions for Curly and Shemp are, respectively, c(x,y) 2 x312 x2, s(x,y) 2 8y

Please see attached and help me with this problem.

Please see attached and help me with this problem. The payoff functions

The payoff functions for Curly and Shemp are, respectively, c(x,y) 2 x312 x2, s(x,y) 2 8y xyz, With x E [1, 3], y E [1, 3]. Curly chooses x and Shemp choosesy. (:1) Find and graph the rational reaction sets for each player. Recall that the best response for Curly is BRC (y) E arg max C(X, y) and the rational reaction set for Curly is the graph of BRC (9/). Similarly for Shemp. (b) Find a pure Nash equilibrium. \f

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