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picture has question 33 6 points Use a payoff matrix to demonstrate the following scenario. Zach and Kristen ope tap nesses. They are both debating

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33 6 points Use a payoff matrix to demonstrate the following scenario. Zach and Kristen ope tap nesses. They are both debating on how much to charge for a large doggie shampoo, either $27 or $40. a. If both charge $27 for a doggie shampoo be $750 per week. b. If Zach charges $27 and Kristen $40, Zach will earn $1500 and Kristen will carn $500. c. If Zach charges $40 and Kristen S $pod End Kristen will eam $1500. d. If both charge $40, their individual profits will be $1,000 per week. You can use your scratch paper to draw your Once you've done this, please list each individual's dominant strategy. If they both follow their dominant strategy, what is the equilibrium of the game? Does If represent a prisoner's dilemma? Why or why not? A CO A - A . I 1Ppl Paragraph

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