MCQOPTIONS
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| 1. |
Which of the following legal restrictions, if enforced effectively, would be likely to solve aprisoners’ dilemma type of problem for the firms involved? |
| A. | a law that prevents a cartel from enforcing rules against cheating |
| B. | a law that makes it illegal for oligopolists to engage in collusion |
| C. | a law that prohibits firms in an industry from advertising their services |
| D. | all of the above would be likely to solve a prisoners\ dilemma for the firms |
| Answer» D. all of the above would be likely to solve a prisoners\ dilemma for the firms | |