How do you calculate player 1s equilibrium payoff? And how do you know which strategy to choose?

Return to question 1 0 Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. points a. What is player 1's optimal strategy? (6) Strategy A. o O Player1 does not have an optimal strategy. C Strategy B. b. Determine player 1's equilibrium payoff