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Two hypermarkets (Aeon Big and Lotus's) in an urban area are interested in expanding the size of their store and parking lot to accommodate potential

Two hypermarkets (Aeon Big and Lotus's) in an urban area are interested in expanding the size of their store and parking lot to accommodate potential growth in their customer base. The following payoff matrix depicts the strategic outcomes that result from the game. Growth-related profits of the two hypermarkets are shown in the table below. Carefully explain the strategy that should be used by each firm. Indicate the dominant strategy and Nash equilibrium of the game. Support your choice by including numbers. (12m).

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Aeon Big Tingatkan saiz pasaraya & Tidak meningkatkan saiz tempat letak kereta pasaraya & tempat letak kereta Increase the size of store & Do not Increase the size of parking lot store & parking lot Tingatkan salz pasaraya & tempat letak kereta Aeon Big = $50 Aeon Big = $25 Increase the size of store & Lotus's = $65 Lotus's = $275 parking lot Lotus's Tidak meningkatkan salz pasaraya & tempat letak kereta Aeon Big = $250 Aeon Big = $85 Do not Increase the size of store Lotus's = $35 Lotus's = $135 & parking lot

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