they cannot conduct R&D. The table below shows the payoff matrix for the two firms. The numbers are millions of dollars of profit. Intel $3 M $12 M AMD: AMD: R & D $5 M R & D $3 M Intel: Intel: AMD R & D NOR & D $1 M $8 M AMD: AMD: NOR & D $20 M NOR & D $15 M Intel: Intel: R & D NOR & D a). Which strategies would result in the best outcome for Intel and AMD combined? b) In the Nash equilibrium, Intel's strategy is and earns a profit of $ and AMD's strategy is and earns a profit of LA c) Why is the result in b) not the best outcome for Intel and AMD