Short Questions: A. Explain why indifference curves might be downward sloping. (2 points) B. Assume that there are only two bus companies: Meghna (M) and Jamuna (J). The have two ticket pricing options: charging a high price or a low price. The profit or loss that each earns in cells A through D depends on the pricing decision of the rival. Does this game have a Nash Equilibrium? If not, explain why not. If yes, which box is it and explain why it is the Nash Equilibrium. In your explanation, make sure to use of appropriate numerical references from the pay-off matrix below. (4 points) Meghna (M) High Low Jamuna (J) High A M=+$1 B M=+$2.5 J= +$2 J= - $0.5 Low C M= - $0.5 D M=+$1.25 J= +$2.5 J=+$1.25