Imagine two friends, Mariela and Mariana, who are providing goods for a bake sale. They can take either brownies or cookies, and payoffs (the profits that they will split) are as given in the table: 
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?
Definitions:
Retained Earnings
The portion of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business, or to pay debt.
Plant Expansion
The process of increasing the capacity or capabilities of existing facilities through additional space, equipment, or technology.
Dividend Declarations
A corporate action where a company announces the payment of dividends to its shareholders.
Retained Earnings
The portion of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business or to pay debt.
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