Exercise 1 (6 marks) Ashok (A) and Beatrice (B) are a two-membe work on difficult problems (D) or easy prob their own effmt levels. We assume that the effort choices are mad denote the level of effort exerted by Ashok only two values: 4 or 10. That is X; E (4, 10} If Ashok chooses E . Ashok gets max {XA, Xs} -0A Beatrice gets max {XA, XB} -0.5XB where "max" denotes maximum, e.g., max If Ashok chooses D . Ashok gets min (4XA, 4Xs] -XA