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Jet Blue and Southwest Airlines are competitors and must decide if they are going to charge a baggage fee to passengers. Use the table below

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Jet Blue and Southwest Airlines are competitors and must decide if they are going to charge a baggage fee to passengers. Use the table below to answer the following questions. Southwest- Baggage Fee No Fee Jet Blue I. SW - 600 SW - 750 Baggage Fee JB- 600 JB - 200 SW - 250 SW- 450 No Fee JB - 750 JB - 400 1. Is there a Nash equilibrium, and if yes, where is it? 2. If these firms were able to successfully signal, would that change the outcome of the game? Explain your answer. 3. Does either player have a dominant strategy, and if yes, what is it

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