Two entrepreneurs have entered into a partnership to produce widgets. Each partner must decide how much time to spend on the project. The payoff to each partner i is equal to half of the value V of the widgets they produce minus the cost c, of the time 1, he devotes to the project. Suppose that and for each partner i V=2[21, +212 +14] c = 1 (a) Suppose that the entrepreneurs simultaneously commit to the amount of time they will spend on the project. Specify the strategy spaces and payoff functions for each player. Find the pure strategy best response functions for each player. Determine the set of Nash equilibria.