Which of the following statements best describes the Folk Theorem in the context of repeated games? The Folk Theorem states that in repeated games, any outcome that is individually rational and feasible can be sustained as a Nash equilibrium. The Folk Theorem states that in one-shot games, only the outcomes that maximize total welfare can be Nash equilibria. The Folk Theorem states that in repeated games, only the outcomes that are Pareto efficient can be sustained as Nash equilibria. The Folk Theorem states that in repeated games, players will always choose to cooperate rather than defect