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1. What isNash Equilibrium & Game Theory? How it relatesto firm's decision-making purposes. Please discuss. 2. Please define and discuss the following terms a.Market power

1. What isNash Equilibrium & Game Theory? How it relatesto firm's decision-making purposes. Please discuss. 2. Please define and discuss the following terms a.Market power b. Product differentiation c. Price discrimination d. Durable goodsand experience goods e. Secondary markets and their relationship with primary markets f. Collusion g.Signaling h.Mergers and acquisitions i. Antitrust and competition j. Industrial policy k. Industrial Organization and Policy

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