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2. Consider the following payoff matrix, in which A's payoffs are shown first. B X Y 10,4 3,8 A 4,5 5,3 a. Find and formally

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2. Consider the following payoff matrix, in which A's payoffs are shown first. B X Y 10,4 3,8 A 4,5 5,3 a. Find and formally state all MSNE. If there are multiple MSNE, number them. Carefully show your work! b. Graph the expected payoffs for each player. Label carefully! c. Use your graph(s) from (b) to make a decision rule for each player. d. Use your previous answers to this question to graph the best replies of each player. Please use a different color for each player, and state which color corresponds to which player. Clearly label the MSNE from (a). If there are multiple MSNE, number them to correspond to your answer from (a). XX X Y 2. Consider the following payoff matrix, in which A's payoffs are shown first. B X Y 10,4 3,8 A 4,5 5,3 a. Find and formally state all MSNE. If there are multiple MSNE, number them. Carefully show your work! b. Graph the expected payoffs for each player. Label carefully! c. Use your graph(s) from (b) to make a decision rule for each player. d. Use your previous answers to this question to graph the best replies of each player. Please use a different color for each player, and state which color corresponds to which player. Clearly label the MSNE from (a). If there are multiple MSNE, number them to correspond to your answer from (a). XX X Y

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