(10 points) Q3. Firm] Give away Two software rms have developed an identical new software application. They are debating whether to give the new application away free and then sell add-ons or sell the application at $30 a copy. The payoff matrix is above and the payoffs are prots in millions of dollars. a} What is Firm 1's dominant strategy? b) What is Firm 2's dominant strategy? c} What is the Nash equilibrium of the game? 10 (1.) Does an oligopoly produce the efficient quantity of output or does it create a deadweight loss? e) Compare the market outcomes among a perfectly competitive rm, a monopolistic rm and an oligopolistic rm. f). What is the cooperative outcome if cartel agreement is allowed