D Question 6 1 pts Player A Don't Confess confess A: 5 years A: 8 years Confess B: 5 years B: 1 year Player B Don't A: 1 year A: 3 years confess B: 8 years B: 3 years The table above shows the payoff matrix for a prisoners' dilemma game. The dominant strategy for Player A is to [ Select ] and for Player B is to [ Select ]D Question 8 1 pts Player A Don't Confess confess A: 3 years A: 10 years Confess B: 3 years B: 1 year Player B Don't A: 1 year A: 2 years confess B: 10 years B: 2 years The table above shows the payoff matrix for a prisoners' dilemma game. When both players behave in their own self-interest, the outcome is Player A receives years in jail and Player B receives years in jail.D Question 9 1 pts Firm A Low Price High Price A: $14 million A: $13 million Low Price B: $14 million B: $16 million Firm B A: $16 million A: $17 million High Price B: $13 million B: $18 million The table above shows the payoff matrix for two oligopoly firms deciding the price to charge to maximize profit. The Pareto outcome occurs when Firm A receives $ million and Firm B receives $ million