Suppose inflationary pressures are so high that maintaining both price and size is no longer a viable strategy. Bumblebee Treats LTD and Firey Eats can either choose to Inf/ate, or Shrinkate. . If both choose Inate, each makes a profit of 50. . If both choose Shrinkate, each firm makes a prot X 0 Neither firm will prominently display the quantity downsize if they choose Shrinkate, so customers will simply purchase the cheaper box if there is a price difference. The sole shrinkflating firm would earn a profit of 2X. Firefly lnflate Shrinkflate ***NOTE: X is the sum of the digits in your student ID. For example, if your student ID is 3927604 then X = 31 and 2X = 62. If the sum is 25, please use X = 26. a. Insert the payoffs/prots for each rm in the above matrix using the information given above. b. What is the best response for Firefly when Bumblebee chooses lnflate? Why? 0. Find all Nash equilibria of the game. Explain. d. [note: this question is not related to parts (a) (0)] How might the pricing decision of Bumblebee differ from that of an individual iceberg lettuce farmer hoping to sell their product to grocery store chains