Table below describes a normal-form game between two firms, which simultaneously chooses an action from a set containing strategies of C, B and W. Pleas identify all Nash Equilibrium outcomes from the game and explain your answers.

Question 3: Table below describes a normal-form game between two firms, which simultaneously chooses an action from a set containing strategies of C, Band W. Pleas identify all Nash Equilibrium outcomes from the game and explain your answers. Firm 2 Strategies Firm 1 Strategies: C B W C 4,4 0,5 -1,5 B 5,0 2,2 -1,1 W 5.-1 1.-1 0.0