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Figure 2 Firm 2 Expand Expand West South Expand West 10, 90 35, 85 Firm 1 Expand South 20, 80 40, 50Figure 3 Firm 2
Figure 2 Firm 2 Expand Expand West South Expand West 10, 90 35, 85 Firm 1 Expand South 20, 80 40, 50Figure 3 Firm 2 Low High Low -20, -30 900, 600 Firm 1 High 100, 800 50, 5014. For the payoff matrices in Figures 2 and 3: Is/are neither, one, or both a prisoner's dilemma (PD)? Figure 2 is a PD, Figure 3 is not a PD. Figure 2 is not a PD, Figure 3 is a PD. Both are a PD. . Neither is a PD. 9-957?\
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