Question 2. There are two large aircraft manufacturers Boeing and Airbus. Each can choose to produce or not produce a new aircraft. If both choose to produce each makes a loss of $ 5 million. If both choose not to produce Sample Final lakes any profit. If Boeing produces and Airbus does not, Boeing makes a profit of $ 100 million and Airbus makes nothing. If Airbus decides to produce and Boeing does not, Airbus makes a profit of $100 million and Boeing makes nothing. a. Represent the situation as a normal form game. b. Find all the Nash equilibria of the game. c. Now the European Union decides to give a subsidy of $ 25 million to Airbus. Find the new Nash equilibrium. d. Does the European welfare increase and if so by how much