[Solved] A prisoners’ dilemma is a game with all of the following characteristics except one. Which one is present in a prisoners’ dilemma?

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Q.	A prisoners’ dilemma is a game with all of the following characteristics except one. Which one is present in a prisoners’ dilemma?
A.	players cooperate in arriving at their strategies
B.	both players have a dominant strategy
C.	both players would be better off if neither chose their dominant strategy
D.	the payoff from a strategy depends on the choice made by the other player
Answer» A. players cooperate in arriving at their strategies

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MicroEconomics, Theory and Applications 1

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