7) Syracuse University and a private firm called DoorDingz are considering options to deal with the parking issue around campus. SU is considering expanding the University Avenue Parking garage by putting three more levels on the existing garage. DoorDingz is considering building a private parking garage across the street from the existing SU University Avenue Parking garage.The following table sets out the profit per day to each if the following decisions are made:

	Syracuse University
DoorDingz		Expand	Don't Expand
Build Garage	8,100 7,100	10,500 6,600
Don't Build Garage	7,200 10,100	9,200 8,400

1. Describe the full set of best response strategies for each player

2. What is the Nash Equilibrium outcome of this game?

3. Is there a Pareto Improving outcome compared to the Nash outcome? Explain why or why not.

me compared to the Nash outcome. The Nash outcome is the most efficient outcome.