The result of a prisoner's dilemma is _____
a. individuals pursuing their own interests are acting for the group interest
b. individuals pursuing the group interest are acting against their own interests
c. individuals pursuing their own interests are acting against the group interest
d. individuals pursuing the group interest are acting for their own interest
c
Economics
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The market outcome in a duopoly with homogeneous products is similar to that in ________
A) a perfectly competitive market B) a monopolistically competitive market C) a monopoly D) an oligopoly with differentiated products
Economics
If bond prices and interest rates are plotted on a graph, the curve has a positive slope.
Answer the following statement true (T) or false (F)
Economics