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Labor union Bargain Hard Be Nice Management Bargain Hard $0, $0 $20,000; $10,000 Be Nice $12,000; $18,000 $15,000; $15,000 Questions: (a) Assume this game has

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Labor union Bargain Hard Be Nice Management Bargain Hard $0, $0 $20,000; $10,000 Be Nice $12,000; $18,000 $15,000; $15,000 Questions: (a) Assume this game has simultaneous movement. Does this game have any Nash equilibria? If so, state which pair(s) of strategies would be an equilibrium, if any. (b) Suppose this game has sequential movement instead of being simultaneous. Would this game have first-mover advantage? Explain

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