Figure 3.6: -Refer to Figure 3.6.Answer the Following Questions About the Game

Short Answer

Figure 3.6:
-Refer to Figure 3.6.Answer the following questions about the game represented in the figure:
a. What type of game is represented by the payoff matrix?
b. Does Terrance have a dominant strategy, and if so, what is it?
c. Does Phillip have a dominant strategy, and if so, what is it?
d. At what outcome or outcomes do the players coordinate?
e. Are there any Nash equilibria, and if so, what, are they?