QUESTION 2 Player 2 Left Middle Right PI: $45 PI: $43 P1: 50 Up P2: $45 P2: $43 P2: $56 Player 1 Middle PI: $15 PI: $57 P1: 50 P2: $65 P2: $2 P2: $68 PI: $62 PI: $83 PI: SI Down P2: SO P2: 50 P2: $I Note: You do not need to include mixed strategy Nash equilibrium in your answer A. What are the Nash equilibrium to this game (if there are any)? B. Are any of the Nash equilibrium efficient? If yes, which one(s)? If any are inefficient, explain why.QUESTION 1 Suppose a firm has the following demand and cost functions Q(P) = 9006 - 158P and C(Q) = 39Q+ 3798 PLEASE SHOW WORK FOR PARTIAL CREDIT A. Calculate the profit function B. Find the profit maximizing quantity C. Find the profit maximizing price D. Find profits at the profit maximizing price and quantity