Firms in oligopoly often behave like the prisoners in the ...

[APUS57]

Firms in oligopoly often behave like the prisoners in the prisoners' dilemma, carefully anticipating the moves of their rivals in an uncertain environment.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A contract may remain incomplete because the expected benefits of greater completeness do not cover the costs of drafting it.
  Indicate whether the statement is true or false

[kristenb95]

Answer to Question 1

True

Answer to Question 2

T

[APUS57]

Excellent

[Jossy]

Thanks for the timely response, appreciate it