Question 3 Consider a \"game\" between Coles and Woolworths that the supermarkets may participate in. The rules of the game are: 0 If both Coles and Woolworths keep prices low, then they will both make a prot of $5,000m. o If both Coles and Woolworths keep prices high, then they will both make a profit of $8,000m. o If one supermarket keeps prices low and the other keeps prices high, then the low price supermarket will make $9,000m profit and the high price supermarket will make $4,500m profit. Using these rules, solve this game for the Nash equilibrium [make sure to include your diagram and the logic you followed to solve the game). is your outcome the best one for both Coles and Woolworths? Explain your answer. [8 marks)