A dominant strategy is a strategy that a player should take regardless of the strategy chosen by the other player.
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Q168: OPEC is a cartel.
Q169: When OPEC raises prices, it encourages new
Q170: A dominant strategy is a strategy that
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Q174: Cartels are typically easy to maintain since
Q175: The prisoner's dilemma describes situations where the
Q176: The higher the profits for each firm
Q177: Iran and Iraq disbanded from OPEC when
Q178: The copper cartel (the International Council of
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