A strategy in which a player cooperates in the current period if ...

[karen]

A strategy in which a player cooperates in the current period if the other player cooperated in the previous period, but the player cheats in the current period if the other player cheated in the previous period is called a
 
  A) tit-for-tat strategy.
  B) trigger strategy.
  C) duopoly strategy.
  D) dominant firm strategy.

Question 2

An increase in the demand for computers and a decrease in the number of sellers of computers will definitely ________.
 
  A) increase the number of computers bought
  B) increase the price of a computer
  C) increase the price of a computer and the number of computers bought
  D) not change the price of a computer and increase the number of computers bought

[ergserg]

Answer to Question 1

A

Answer to Question 2

B

[karen]

Thanks for the timely response, appreciate it

[peter]

Wow, this really help