Solve clearly.. Dont copy from any site

< Team Output P Profit 1 22 42 814 2 Team 1 2 3 4 Market 1 5 6 8 9 Market 2 10 11 12 13 Market 3 Output p 22 12 12 12 58 13 12 15 15 55 20 19 23 8 70 42 42 42 42 45 45 45 45 30 30 30 30 Profit 814 444 444 444 520 480 600 600 500 475 575 200 After you learn what the other firms have produced, answer the following 4) What was the sum of output produced by the other firms? What would have been your best response to what the other firms produced? 5) What would have been the most profit the firms in your market could have made by cooperating? 6) Comment on whether the behavior of the other firms more closely resembles Nash equilibrium or cooperation. Why might this have happened?