Monopolistic Competition, Oligopoly, and Game Theory Use the following payoff table to answer ALL the questions. The amount in the cells are all positive payments. This means the higher the amount, the better the firm is. Firm A Hold to Agreement Break Agreement Firm B Hold to Agreement A: $ 500 A: $ 100 B: $ 500 B: $ 200 Break Agreement A: $ 200 A: $ 350 B: 55 100 B: 55 350 1. What two choices does Firm A have? 2. What two choices does Firm B have? 3. If Firm A holds to agreement, what should Firm B do? 4. If Firm A breaks agreement, what should Firm B do? 5. If Firm B holds to agreement, what should Firm A do? 6. If Firm B breaks agreement, what should Firm B do