AT&T and MCI are competing in the long$-$distance telephone market. Both companies are considering whether to offer a discount calling plan to attract new customers. Their payoffs depend as follows on the combinations of strate$-$ gies chosen:

If both companies offer discount calling plans, then each company loses $$8$ million.

If AT&T offers a discount calling plan and MCI does not, then AT&T makes a profit of $$15$ million and MCI suffers a loss of $$12$ million.

If MCI offers a discount calling plan and AT&T does not, then MCI makes a profit of $$5$ million and AT&T suffers a loss of $$6$ million.

If neither company offers a discount calling plan, each makes a profit of $$6$ million.