Solve clearly

F Click to see additional Instructions This figure depicts the feasible outcomes of a non-cooperative bargaining model. The Nash solution is at N. The maximum product of gains for this bargaining problem is . If agreement can not be reached, the union's utility will be and the firm's "utility" will be For the Rubinstein model with delay costs, this figure shows there will be rounds of bargaining in which offers can be made, If the firm offers first, the Rubinstein solution is U= The product of gains is If the union offers first, the Rubinstein solution is Us The product of gains is Mark for Review What's This?1 1 Z LO N