In a duopoly game, we observe the following payouts. If the two firms collude they each make an economic profit of $50,000. If one firm cheats, then that firm makes an economic profit of $60,000 and the other incurs an economics loss of $10,000. If both firms cheat, then they both make zero economic profit. What is the nash equilibrium?.

Prompt what is your personal ideology? give your opinion on the three following topics. justify your support or opposition to each issue by using examples. issue one: should the government have the right to place a high tax on soda to discourage its consumption and fight teen obesity? issue two: should the government be allowed to monitor your actions on the internet to keep the nation safe from terrorism? issue three: should the government be allowed to outlaw texting while driving to keep drivers safer on the road?