Q1- Suppose that GE is trying to prevent Maytag from enteringthe market for high

Q1- Suppose that GE is trying to prevent Maytag from enteringthe market for high efficiency clothes dryers. Even though highefficiency dryers are more costly to produce they are also moreprofitable as they command sufficiently higher prices fromconsumers. The following payoffs table shows the annual profits forGE and Maytag for the advertising spending and entry decisions thatthey are facing.