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Using the following game table answer questions 4-6. The first number in the cell is the payoff for player 1 and second number is the

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Using the following game table answer questions 4-6. The first number in the cell is the payoff for player 1 and second number is the payoff for player 2. Player 2 2A 2B 1A 5,5 6.6 Player 1 1B 3,5 4,6 4. What is the dominant strategy for player 1 and player 2? a. 1B,2A b. 1B,2B C. 1A,2A d. 1A,2B 5. How many Nash equilibrium does this game have? a. 0 b. 1 c. 2 d. It cannot be determined. 6. Now suppose that the players play sequentially. Player 1 is the leader and player 2 is the follower. What will be the equilibrium payoffs? a. (5,5) b. (3,5) C. (4,6) d. (6,6)

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