6. The two major scooter companies oflndia, ABC andXYZ, are competing for a fixed market. Ifboth the manufacturers make major model changes in a year, then their shares of the market do not change.

Also, if they both do not make major model changes, their shares of the market remain constant. If ABC makes a major model change andXYZ does not, then ABC is able to take away a% of the market away from XYZ, and if XYZ makes a major model change and ABC does not, XYZ is able to take away b¾ of the market away from ABC.

Express it as a two-by-two game and solve for the optimal strategy for each of the producers.