Problem 3 Consider the following two player game: L C R T EH\" M B "m 1.What are the NE of this game if it played only once? 2. Sketch (graphically) the feasible vectors of payoffs and the vectors of discounted average (per period) payoffs that can be achieved as SPE payoffs (by the \"Folk Theorem"). 3. For the infinitely repeated game, write down a pair of trigger strategies that would provide average payoffs to the two players of approximately (5,4) for discount factors near one. State the trigger strategies precisely. 4.What is the lowest discount factor at which the trigger strategies of part (3) form aSPE