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a) Individual problems: 10-4. Individual problem 10-4: Examine the US passenger airline industry using the Five Forces. Is this an attractive industry? Why or why not? Salvatore’s Chapter 11: a) Discussion Questions: 12 and 13. b) Problems: 2, 6, and 10. DQ11: Do the duopolists in a Cournot equilibrium face a prisoners’ dilemma? Explain. Discussion Question 12: How did the 1971 law that banned cigarette advertising on television solve the prisoners’ dilemma for cigarette producers? Discussion Question 13: (a) What is the meaning of tit-for- tat in game theory? (b) What conditions are usually required for tit-for-tat strategy to be the best strategy? Problem 2: From the following payoff matrix, where the payoffs are the profits or losses of the two firsts, determine (a) whether firm A has a dominant strategy, (b) whether firm B has a dominant strategy, (c) the optimal strategy for each firm, and (d) the Nash equilibrium, if there is one. Problem 6: Explain why the payoff matrix in problem 1 indicates that firms A and B faces the prisoner’s dilemma Problem 10: Given the following payoff matrix, (a) indicate the best strategy for each firm. (b) Why is the entry-deterrent threat by firm A to lower the price