Consider Figure 12.5. If player A and Player B could cooperate, then:
A. A would spend 8 years in jail and B would spend 0 years in jail.
B. A would spend 0 years in jail and B would spend 8 years in jail.
C. A would spend 4 years in jail and B would spend 4 years in jail.
D. A would spend 1 year in jail and B would spend 1 year in jail.
Answer: D
Economics
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