This prisoner's dilemma game shows the payoffs associated with two firms,A and B,in an oligopoly and their choices to either collude with one another or not.
Given the payoffs in the matrix shown,Firm B:
A) should always choose to collude, regardless of Firm A's actions.
B) should always choose to compete, regardless of Firm A's actions.
C) should compete if Firm A competes and collude if Firm A colludes.
D) should compete if Firm A colludes and collude if Firm A competes.
Correct Answer:
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