Question: Question 2 [20 points total] Pure and mixed Nash equilibria. Find all Nash equilibria (pure and mixed) of the following game: L C R U

$Question 2 [20 points total] \"Pure and mixed Nash equilibria\". Find$

Question 2 [20 points total] \"Pure and mixed Nash equilibria\". Find all Nash equilibria (pure and mixed) of the following game: L C R U M D Question 3 [25 points total] Two rms are competing both at the retail market and the factor market. Each of them chooses the quantity it wants to produce: rm 1 chooses ql, 0 3 (11 g 30, and rm 2 chooses gm, 0 g (12 S 30. The resulting market price is Mtg, (12) = 75 q1 qQ. Because of competition in the factor market, the total cost of each rm depends on both rms\" choices: T0101\" (32) = q%(]. + Q2) and T02(q1, (12) = (1%\". + (11). Each rm maximizes its prot, i.e. the difference between its revenue (product of market price and its quantity) and its total cost

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