Question content area left Part 1 Levi Strauss and Wrangler are planning new generation jeans and must decide on the colors for their products. The possible colors are? white, black, and violet. The payoff to each firm depends on the color it chooses and the color chosen by its? rival, as the profit matrix shows. Part 2 Suppose the firms move? sequentially, with Wrangler moving first. Part 3 Levi Strauss engages in? pre-play communication? (cheap talk). Levi Strauss tells Wrangler that it will match? Wrangler's color choice if Wrangler chooses black and violet but that if Wrangler opts for? white, Levi Strauss will choose Violet. Part 4 Why would Levi Strauss want Wrangler to believe this? claim? Part 5 Levi Strauss would want Wrangler to believe this claim so that Levi Strauss could receive a payoff of ?$enter your response here. ?(Enter your response as a whole? number.)