PLEASE SOLVE

2. Suppose 2 companies are competing for a percentage of the market share, and the table below represents the market share change for company A as well as three strategies that companies A and B might employ. A. If Company A offers a discount price and Company B offers a free gift with purchase, what will be the change in market share for company B ? B. Company A will want to maximize the minimum payoff, thereby employing the Maximin approach to the game. Which strategy will Company A select based on the Maximin approach? C. Company B will select the strategy that minimizes the maximum payoff, thereby employing the Minimax approach to the game. Which strategy will Company B select based on this approach? D. If a game is a mixed strategy solution, the players select their strategy based on a probability distribution. Let P(AB)= the probability that company A boosts advertising =1/4 Let P(AF)= the probability that company A offers a free gift with purchase =1/4 Let P(AD)= the probability that company A offers discounted price =1/2 Calculate the Expected Gain in market share for company A across all 3 company B strategies