1. PlayerAhasstrategies{A1,A2,A3,A4};PlayerBhasstrategies{B1,B2,B3,B4}. The payoff matrix is the following. Use the best-response approach (circle best payoffs)
2. to find all Nash equilibria. Are the equilibria efficient?

2. (10 points) Player A has strategies { A1, A2, A3, A4}; Player B has strategies { B1, B2, B3, B4}. The payoff matrix is the following. Use the best-response approach (circle best payoffs) to find all Nash equilibria. Are the equilibria efficient? B1 B2 B3 B4 A1 2, 2 3, 5 2, 4 -1, -1 A2 3, -10 2, 2 2, 3 3, 3 A3 4, 6 1, 2 -2, 1 0.5, 1 A4 3, 2 2, 8 3, 3 1, 1