Use the following payoff matrix for a one-shot game to answer the accompanying questions. a. Determine the

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Use the following payoff matrix for a one-shot game to answer the accompanying questions.

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a. Determine the Nash equilibrium outcomes that arise if the players make decisions independently, simultaneously, and without any communication. Which of these outcomes would you consider most likely? Explain.b. Suppose player 1 is permitted to ??communicate?? by uttering one syllable before the players simultaneously and independently make their decisions. What should player 1 utter, and what outcome do you think would occur as a result?c. Suppose player 2 can choose its strategy before player 1, that player 1 observes player 2??s choice before making her decision, and that this move structure is known by both players. What outcome would you expect?Explain.

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