Two telecommunication companies, HarborNet and BayCom are de…

Twо telecоmmunicаtiоn compаnies, HаrborNet and BayCom are deciding how to price their internet offerings, knowing that their payoffs depend on the pricing decision of the other firm. Their payoffs for each possibility is below: Original payoff matrix HarborNet BayCom Price High Price Low Price High (60, 30) (20, 55) Price Low (45, 10) (50, 25) HarborNet's payoffs are listed to the left of the comma and BayCom's are listed to the right of the comma.Given the payoff matrix, identify:The Nash Equilibrium/a, if any. (3 points)Is this game a prisoner’s dilemma? Explain. (3 points)Now consider the payoff matrix below. For which value(s) of x does BayCom have a dominant strategy? Explain. (4 points) Modified payoff matrix HarborNet BayCom Price High Price Low Price High (60, 30) (20, 55) Price Low (x, 10) (50, 25) Type your answers directly into the textbox below, clearly indicating/labeling which part you are answering. Please keep each answer to 100 words or less.  Current Answer: sah equilibrium 20,20 50, 50yes because they hage