3. Finding the Nash Equilibrium Coke and Pepsi are trying to decide on their pricing strategies, and the payoffs show profits from the combinations of prices that each firm might charge. a. Explain in general what is a dominant strategy and what is a dominated strategy. b. Using the concepts of dominant and dominated strategy find the Nash equilibrium of this game. Discuss in detail. 3. Finding the Nash Equilibrium Coke and Pepsi are trying to decide on their pricing strategies, and the payoffs show profits from the combinations of prices that each firm might charge. a. Explain in general what is a dominant strategy and what is a dominated strategy. b. Using the concepts of dominant and dominated strategy find the Nash equilibrium of this game. Discuss in detail