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  1. Consider the following sequential game:

      1. a. (1 point) Draw the extensive form of this game if A moves first. What is the equilibrium of the game?

      2. b. (1 point) Draw the extensive form of the game if B moves first. What is the equilibrium of the game?

      3. c. (1 point) Does player A prefer to move first or second? Explain your reasoning.

      4. d. (1 point) Does player B prefer to move first or second? Explain your reasoning.