What is the dominant strategy in the prisoner's dilemma?
A) There is no dominant strategy.
B) Each prisoner confesses because this is the rational action to pursue.
C) Do nothing in the hope that the other prisoner will also do nothing.
D) Do not confess because the other prisoner will most likely confess.
Question 2
Rio Tinto's incentive to adopt new robotic technology was increased by the high wages it was having to pay to attract miners and truck drivers. In this instance, Rio Tinto began using new robotic technology to
A) substitute labor for capital in production.
B) add labor as a complementary resource for its capital.
C) add capital as a complementary resource for its labor.
D) substitute capital for labor in production.
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