If you are following a tit-for-tat strategy in a repeated game, and your opponent makes a cooperative move, you will:

A. collude.
B. make a cooperative move in the next round.
C. price compete.
D. defect.

B. make a cooperative move in the next round.

Economics

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Diseconomies of scale are most likely at very low levels of output

a. True b. False Indicate whether the statement is true or false

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Which countries undertook economic reforms in the 1960's that resulted in more economic freedom and stronger economic growth?

a. Venezuela and Zimbabwe b. Malawi and Niger c. Hong Kong and Singapore d. United States and Switzerland

Economics