Two firms play the game below. Each must choose strategy 1 or 2. They choose their strategies simultaneously and without cooperating with each other. Firm A's payoffs are on the left side of each cell, and Firm B's payoffs are on the right. Firm B Strategy 1 Strategy 2 Strategy 1 10, 16 8, 12 Firm A Strategy 2 13, 12 17, 10 Determine the dominant strategy for each firm. For Firm A, For Firm B, Because both players have dominant strategies, this game has an equilibrium in dominant strategies. The equilibrium is Firm A chooses strategy 2 and Firm B chooses strategy 1 both firms choose strategy 2 Firm A chooses strategy 1 and Firm B chooses strategy 2 both firms choose strategy 1