Game Theory and Strategic Behavior 1. Suppose that GE is tryingto prevent Maytag

Game Theory and Strategic Behavior 1. Suppose that GE is tryingto prevent Maytag from entering the market for high efficiencyclothes dryers. Even though high efficiency dryers are more costlyto produce they are also more profitable as they commandsufficiently higher prices from consumers. The following payoffstable shows the annual profits for GE and Maytag for theadvertising spending and entry decisions that they are facing.