Refer to the information provided in Table below to answer the question that follows. Remember both Asif & Rouhaan has strong competition and their firms are non-collusive (non-cooperative).

"Table"

Rouhaan's Strategy

Advertise

Rouhaan's Strategy

Don't Advertise

Asif's Strategy

A's profit $200 thousand

A's profit $300 thousand

Advertise

R's profit $200 thousand

R's profit $100 thousand

Asif's Strategy

Don't

A's profit $100 thousand

A's profit $250 thousand

Advertise

R's profit $300 thousand

R's profit $250 thousand

a)What is the Nash equilibrium in the game?

b)What is the Asif's & Rouhaan's profit at Nash equilibrium in this game?

c)What is the Asif's dominant strategy? Explain this dominant strategy in few lines?

d)What happens if both Asif & Rouhaan Cooperate with each other? What will happen to their profits and strategy? Explain and compare cooperative and non-cooperative strategies with actual profits given in table?