Question #3 a. Find the solution to the following simultaneous pricing decision between Rattler Enterprises 41 and Sidewinder, Inc. Sidewinder s price S100 200 5300 A B $5,000, 535600 4,500, 54200 54,200, 54 500 D E F 6,000, s7.000 4.400, 55000 $5,000, 54 600 $100 price G H I $300 $3,750, 53200 54,000, 54200 $5,500, 53600 Annual payoffs in millions of dollars of profit. 1. Find the Nash equilibrium/equilibria for the simultaneous game. (10 marks) 11. Does Rattler's have a dominant strategy? (3 marks) 11, Dees Sidwinder's have a dominant strategy? (3 marks) and beans, costing $50 and $20 respectively. Please place rice on v-axis and beans on the x- axis. (> marks) c. Illustrate using a graph, clearly identify the point where the consumer equilibrium occurs. What is equation that characterizes that equilibrium? (4 marks)