Determine Each Player's Equilibrium Mixed Strategy in the Following Non-Zero-Sum

Essay

Determine each player's equilibrium mixed strategy in the following non-zero-sum game.
$\begin{array}{c} \quad\quad \text { Firm N } \\\begin{array} { | c | c | c | }\hline \text { Firm M } & \text { Strategy P } & \text { Strategy Q } \\\hline \text { Strategy S } & 16,10 & 12,8 \\\hline \text { Strategy T } & 20,10 & 4,12 \\\hline\end{array} \end{array}$