Suppose that Panasonic and Zenith are the only two firms that can produce a new type of 3D TV. The payoff matrix shows the firms' profits (in millions of dollars):

a. If both firms move simultaneously, does either firm have a dominant strategy? Explain.
b. What are the Nash equilibria given that both firms move simultaneously?
c. The U.S. government commits to paying Zenith a lump-sum subsidy of $50 million if it enters this market. What is the Nash equilibrium?