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Question below screenshot Question 1 (20 Points) Consider the following normal-form game: 1 2 L R T a, 0 0, 1 B 0, 1 a,

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Question 1 (20 Points) Consider the following normal-form game: 1 2 L R T a, 0 0, 1 B 0, 1 a, 0 where a > 0. (a) Find the set of mixed and pure Nash equilibria for each value of a (consider a > ( and a = 0). (b) Now, suppose that Player 1 chooses first and that Player 2 observes his choice and chooses next. Write down an extensive form of this game. Find the normal form. Determine the backward-induction solution

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