Answer Happy

2 Use a payoff nutrixto demonstrate the following scenario Zach and Kristen operaterval dopierooming businesses. They are both debating on how much to che for large donde shampoo, either $27 of 540 a. if both charge $27 for dople shape their individual prodit will be 5750 per week. Zachcharges $27 and Kristen 540, Zach w carn $1500 and Kristen will earn $500.c.tach charges $40 and Kristen $27. Zachwill earn $500 and Kristen wit can $1500.a. if both are 540 their inte prohts will be $1.000 per week. You can use your scratch paper to draw your payoff matrix. Once you ve done to listeach individu dominantes y both follow the dominant strategy, what is the equilibrium of the game? Does the equilibrium represent a prisoner doma? Why or why not? - • 34 5 Wow is same strategy sometimes used to analyze the behavior of logopedies? 6 -BUANIE *** • Pw 7