Boeing and Airbus are the two primary producers of passenger aircraft. Both firms are preparing to announce their new long-distance jets. Each firm can design their plan to maximize comfort or the number of seats. If both firms choose to maximize the same characteristic they will sell 100 planes each and if they maximize different characteristics they will each sell 150 planes each. Both firms want to maximize sales. Draw a game tree and find the equilibrium strategies and payoffs. Show your work.

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