Question 4 [6 points] Sniper and Everbreak are considering a production strategy for their hockey sticks. If they each produce a small output, they can price the product higher and make more prot than if they each produce a large output. Their payoff or prot martrix is given below. Sniper Low output High output For Sniper ($) 120,000 For Sniper ($) 210,000 LW \"'P\"' For Everbreak ($) 120,000 For Everbreak ($) 60,000 _ For Sniper ($) 60,000 ForSniper($) 130,000 \"'9\" mm\" For Everbreak ($) 210,000 For Everbreak ($) 130,000 Everbreak a) Does either player have any dominant strategy here? A no \" yes b) What is the Nash equilibrium to the game? 0 high/low 1\" low/low A low/high h high/high c) Do you think that a cartel arrangement would be sustainable? \" yes " no