In a prisoner's dilemma game, the Nash equilibrium is better for each player than is the cooperative solution

A percentage increase in the overall price level is called

A) cost of living. B) inflation. C) Paasche index. D) Fischer index.

An increase in which of the following factors does not increase the incentive to cheat within a cartel?

A. the number of firms in the cartel B. economic performance and industry sales C. the cost-differences among firms D. the number of potential entrants into the industry