Saudi Arabia and Yemen must decide how much oil to produce. since the demand for oil is elastic, relatively low production rates drive up profits and prices. Saudi Arabia, the worlds largest and lowest cost-producer, is able o influence the market price; it has an incentive to keep output low. Yemen, on the other hand, is a relatively high cost producer with much smaller reserves.

1. what if Saudi Arabia chooses low out put, Yemen chooses:
2. if Saudi Arabia chooses high output, Yemen chooses:
3. if Yemen chooses low out put and Saudi complies with production cut, Saudi Arabia earns $_____ million in profit
4. Saudi Arabia's dominant strategy is:
5. the Nash equilibrium above the game is: