Ali and Bilal are two neighboring farmers. Ali must decide whether to grow rice or cotton in this Kharif season, whereas Bilal must decide between rice, cotton, and maize. Their payoff matrix is given below. Based on the given information, read the following statements and select the correct one.

True or false: If both governments subsidize 5nm production by 31 million USD, then the Nash equilibrium yields the highest possible profits for both companies.

The South Korean government subsidizes 5nm production by 31 million USD. How many Nash Equilibria are in this new game? Your answer should only be a number - do not include any additional words.

How many Nash Equilibria are in this game? Your answer should only be a whole number - do not include any additional words or space.

In a public goods game with 4 players, each player can contribute either $0 or $2 to a common pool. If all players contribute $2, the pool grows to $8 and is split equally among the 4 players. If some players each contribute $2 while the other players contribute $0, the players who contribute get $4 each and the others get nothing. If all players contribute $0, they each get $1. Is there a dominant strategy, and if so, what is it? If there is a dominant strategy, type the amount each player contributed in that strategy as a number (i.e. do not include any words, space, or a $ sign). If there is not a dominant strategy, type NA.

There are two neighboring countries Wizardland and Muggleland, each having two strategies to choose from: whether to abate pollution or not. Pollution abatement is considered a public good in the context that the atmosphere is open access, and therefore, abatement by either country benefits both. Each unit of pollution abatement costs £70 to the country which abates but confers benefits of £50 to both countries. If both abate, both experience a benefit of £100. The table below shows the payoff of each strategy in British Pounds. The first number is the payoff to Wizardland, while the second number is the payoff to Muggleland (the negative numbers signify losses). Assume that the game is a simultaneous one-shot game. Based on this information read the following statements and select the correct two.

The table below shows the payoff matrix of a simultaneous one-shot game where larger numbers represent better payoffs.. The strategies of player 1 are denoted by s1 and s2, and those of player 2 by t1 and t2. The first number (before the semicolon) denotes the result for player 1, and the second number (after the semicolon) refers to the result for player 2. Read the following statements and select the correct two.

Anil and Bala have the choice of using either Integrated Pest Control (IPC) or Terminator (T) to solve the problem of pest insects. The table below shows their payoffs depending on their choice. The following diagram shows these possible outcomes on a graph. Based on the information above, read the following statements and select the correct one.

The payoff matrix in a prisoner’s dilemma game is shown. Each player can choose Chemical fertiliser (C) or Organic manure (O). Read the following statements and select the correct one.

Anil and Bala have the choice of using either Integrated Pest Control (IPC) or Terminator (T) to solve the problem of pest insects. The following table shows their payoffs depending on their choice and the following diagram shows these possible outcomes on a graph. Based on this information, read the following statements and select the correct one.