Mаc аnd Cheese аre the оnly prоducers оf Mac & Cheese instant packages in the market. The table below shows the choices and correspondent outcomes: Image Description The image shows a 2 by 2 payoff matrix comparing two choices for Mac and Cheese: Not Cooperate (NC) and Cooperate (C). The column heading is Cheese, with two column options: Not Cooperate (NC) Cooperate (C) The row heading is Mac, with two row options: Not Cooperate (NC) Cooperate (C) The four payoff outcomes shown in the matrix are: If Mac chooses Not Cooperate and Cheese chooses Not Cooperate: ($100k; $100k) If Mac chooses Not Cooperate and Cheese chooses Cooperate: ($200k; $0) If Mac chooses Cooperate and Cheese chooses Not Cooperate: ($0; $200k) If Mac chooses Cooperate and Cheese chooses Cooperate: ($150k; $150k) The matrix presents the possible outcomes for each combination of choices in a cooperation game. If Cheese knows for sure that Mac will cooperate, Cheese should [option1]. If Mac knows for sure that Cheese will cooperate, Mac should [option2]. Hence, based on the previous answers, the dominant strategy is [option3].