12. Below is the matrix for the Boeing-Airbus Game in the absence of any government policy. a. Find all the pure strategy Nash equilibria of this game. Show all work. This should include the tables you use to demonstrate which strategies constitute a Nash equilibrium for this game. Also indicate the equilibrium payoffs for each player. b. Redraw the game matrix after the Europe subsidizes Airbus by paying it 25 if it enters the market. Airbus receives no subsidy if it stays out of the market and Boeing never receives a subsidy from the U.S. government. Find all Nash equilibria of the new game and again, show all work. Indicate the equilibrium payoffs for each player. c. Is the subsidy a welfare enhancing policy for Europe? Explain clearly why or why not. Airbus Produce Don't Produce Boeing Produce 5, -20 125, 0 Don't Produce 0, 100 0, 0