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(10 points) This question has two parts (i) and (ii). Consider the games (i) and (ii) given in the panels in Figure 1. For each
(10 points) This question has two parts (i) and (ii). Consider the games (i) and (ii) given in the panels in Figure 1. For each one of them, figure out whether the games in panels (A) and (B) are strategically equivalent. Explain your answers. (You will find Figure 1 attached below) FIGURE 1 L C R L C R T 6,6 0, -1 3,3 T 9,1 -3, -6 3, -2 (i) M 2, 1 3.0 7, 6 M 1, -4 3, -5 11, 1 B 3, 4 1, 2 -1, -1 B 3, -1 -1, -3 -5, -6 Panel (A) Panel (B) L C R L C R T 2, -2 1, 1 -3, 7 T 12, -1 5,0 -3,2 (ii) M 1, 10 0,4 0, 4 M 5.3 3, 1 3, 1 B -2, 1 1,7 -1, -5 B -1,0 5,2 1, -2 Panel (A) Panel (B)
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