Consider the below static game in which two firms ,Bokomo Namibia (Pty) Ltd andNamib Mills (pty) Ltd choose to compete either through advertising (A), research and development (R&D) or exports (E).The game is played once only and the possible payoffs are shown in the following table, with the payoff for Namib Millsbeing given first.

NAMIB MILLS

A R&D E

A 0,1 9,0 4,3

BOKOMO R&D 5,9 7,3 1,7

E 7,5 9,9 3,5

a)Identify any pure strategy Nash Equilibria.[5]

b)Briefly explain the likely solution to this game. [5]