Beta's Price Low Medium A B Low $200, $300 $50, $350 C D Medium $300, $150 $75, $200 Payoffs in thousands of dollars per month . Is the pricing decision facing Alpha and Beta a Prisoner's Dilemma? Why or wi What is the cooperative outcome? What is the non-cooperative outcome? Which cells represent cheating in the pricing decision? Explain. . If Alpha and Beta make their pricing decision just one time, will they choose the cooperative outcome? Why or why not? Can Alpha make a credible threat to punish Beta with a retaliatory price cut? C also adopt a similar retaliatory price cut