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4. Consider the game in Figure 2, where x is a real number. (a) (5 points) Draw the best response diagram and find all of
4. Consider the game in Figure 2, where x is a real number. (a) (5 points) Draw the best response diagram and find all of the NE (both pure and mixed) when v = 1. (b) (5 points) Repeat (a) when x = 1. (c) (5 points) What happens to your diagram as x goes from -1 to 17 Explain. Total for Question 4: 15 Player 2 A B Al 11100 Player 1 B00 |2 Figure 2: A game
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