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Kindly provide solutions to the questions below FIRM 2 25 35 50 100 25 125, 125 100, 140 63, 125 -63, -250 FIRM 1 35

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Kindly provide solutions to the questions below

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FIRM 2 25 35 50 100 25 125, 125 100, 140 63, 125 -63, -250 FIRM 1 35 140, 100 105, 105 53, 75 123, -350 50 125, 63 75, 53 0,0 -250, -500 100-250, -63-350, -130-500, -250-900, -900 a. (5 points) Firms simultaneously choose the quantity of outputs to produce, and then profits are realized. Find if there are any dominant strategies for the firms or not. In your response, make sure that you define what a dominant strategy is. Also describe the entire process that helped you in making that determination. b. (5 points) Find the Nash equilibrium(s) in the game. Justify whether it is a Nash equilibrium or not. Describe in words

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