The _____ gives you the flexibility to adapt your strategy in light of the _____ made by others. game tree; choices backward induction; choices first-mover advantage; choices second-mover advantage; choicesWhich statement is NOT true about collusion? Collusion is an extreme example of cooperation. Collusion is an example of a Prisoner's Dilemma. Collusion is legal because it helps firms survive. When rivals collude to raise prices, they increase their profits