(SINGAPORE) (hypothetical case) Only BMW and a competitor. Mazda, are considering launching a new, niche Highperformance car(H PC) in the Asian market. The issue would be is what price to charge. The new cars are both very similar in performance and production cost. How to Analyse the interaction between the two firms using game theory. Use Via a payoff matrix to model the situation and analyse it for Nash equilibrium. What can either of these firms perform to make their best, most-preferred outcome more likely? Consider the following hypothetical case. Only BMW and a competitor, Mazda, are considering launching a new, niche HPC in the Asian market. The issue is what price to charge. Both new cars are very similar in performance and production cost. Analyse the interaction between the two firms using game theory. Present a payoff matrix to model the situation and analyse it for Nash equilibrium. What can either of these firms do to make their best, most-preferred outcome more likely