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Farmer Singh and Farmer Vu graze their cattle in the same field. If there are 2 0 cows grazing in the field, each cow produces

Farmer Singh and Farmer Vu graze their cattle in the same field. If there are 20 cows grazing in the field, each cow produces $4,000 of milk over its lifetime. If there are more cows in the field, then each cow can eat less grass, and its milk production falls. With 30 cows in the field, each produces $3,000 of milk; with 40 cows, each produces $2,000 of milk. Cows cost $1,000 apiece.
Assume that Farmer Singh and Farmer Vu can each purchase either 10 or 20 cows, but that neither knows how many the other is buying when she makes her purchase. Use the table to show the payoffs of each outcome.
\table[[\table[[Vu's],[Decision]],Singh's Decision],[,10 cows,,,20 cows],[10 cows,Results: $40,000grad,profit for Singh, and,profit for Vu.,Results:,profit for Singh, and],[20 cows,Results:,profit for Singh, and,profit for vu.,Results:,_ profit for Singh, and]]
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