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QUESTION 17 Two home improvement retailers, the Home Center (HC) and Lowe's Depot (LD), are deciding whether to invest more in "do-it-yourself" (DIY), where customers do their own home remodel or repairs, or "we-do-it" (WDI) services, where the home improvement store does the work for the customer. The payoffs for the firms are given below, where HC's profit is listed before the comma, and LD's profit is listed after the comma. LD DIY O WDI HC DIY 150, 75 120, 300 WDI 400, 150 50, 50 Answer the following two questions: a. Which firms (if any) have a dominant strategy? . What is the Nash Equilibrium (or equilibria) of this game, if any? Is this game an example of a prisoner's dilemma? Make sure + nswer both questions. 6 of 7 20 U.S. strawberry jam industry is perfectly competitive and all firms have the cost structure: +