) Mary and Raj are the only two growers who provide organically grown corn to a local grocery store. They know that if they cooperate and both produce less corn, they can raise the price of the corn. However, if only one of them raises prices, the other producer will get all of the business. The table below represents the choices available to Mary and Raj and the potential profit for each.

		Mary
		Keep Current Price	Raise Price
Raj	Keep Current Price	(Mary $100, Raj $100)	(Mary $0, Raj $200)
Raise Price	(Mary $200, Raj $0)	(Mary $150, Raj $150)

1. According to the Prisoner's Dilemma, what is the best choice for Raj if he is unable to coordinate with Mary? What is Mary's best choice without coordination? Is the outcome the optimal outcome for Mary and for Raj?
2. If Mary and Raj could cooperate and be sure that the other person would honor the agreement, what would be the outcome?