Arrange the following steps in the strategic adjustment process leading to a Nash equilibrium between Gary's Gym and eFitness:

In the strategic adjustment process that leads to a Nash equilibrium, both Gary's Gym and eFitness must first understand their own strategies and how these affect each other. Each gym will then make decisions based on what they believe the other will do, adjusting their own strategies to stay competitive. For example, if Gary's Gym lowers its prices, eFitness might respond by doing the same to attract more customers. This back-and-forth continues until neither gym can improve their situation by changing their strategy alone, which is the Nash equilibrium. At this point, both gyms have found a balance where they are satisfied with their choices given what the other has decided.