Two firms in a local market compete in the manufacture of cyberwidgets. Each firm must decide if they will offer a warranty or not. The pay-offs of each firm's strategy is a function of their competitor as well. The pay-off matrix is presented below. 
Does either player have a dominant strategy? Does the game have any Nash equilibria? What is the maximin strategy of each player in the game? Should the players use a mixed strategy?
Definitions:
Acid-test Ratio
A financial ratio that measures a company's ability to pay off its short-term liabilities with its quick assets, providing insight into its immediate financial health.
Marketable Securities
Financial instruments or securities that are easily convertible into cash within a short period without a significant loss of value.
Accounts Receivable
Money owed to a company by its customers for goods or services delivered or used but not yet paid for.
Inventory Turnover
Inventory Turnover is a ratio that shows how many times a company's inventory is sold and replaced over a period of time, indicating the efficiency of inventory management.
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