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Use the following payoff matrix for a one-shot game to answer the accompanying questions. Player 2 Strategy X Y A 25, 25 -100, 5 Player

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Use the following payoff matrix for a one-shot game to answer the accompanying questions. Player 2 Strategy X Y A 25, 25 -100, 5 Player 1 B 5, -100 15, 15 a. Determine the Nash equilibrium outcomes that arise if the players make decisions independently, simultaneously, and without any communication. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click twice to empty the box. ? (25, 25) ? (-100, 5) ? (15, 15) ? (5, -100) Which of these outcomes would you consider most likely? O (5, -100) O (-100, 5) O (25, 25) O (15, 15) b. Suppose player 1 is permitted to "communicate" by uttering one syllable before the players simultaneously and independently make their decisions. What should player 1 utter?b. Suppose player 1is permitted to \"communicate\" by uttering one syllable before the players simultaneously and independently make their decisions. What should player 1 utter? OA OB What outcome do you think would occur as a result? O (15, 15) O (25, 25) O (-100, 5) O (5, -100) c. Suppose player 2 can choose its strategy before player 1, that player 1 observes player 2's choice before making her decision, and that this move structure is known by both players. What outcome would you expect? O (5, -100) O (15, 15) O (100, 5) O (25, 25)

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