If Two Firms That Form a Cartel Agreement Are in a Prisoner's

Multiple Choice

If two firms that form a cartel agreement are in a prisoner's dilemma game, then

A) both firms will have an incentive to break the agreement.
B) only one firm will have an incentive to break the agreement.
C) both firms will be worse off if they hold to the agreement than if they break it.
D) both firms will have an incentive to hold to the agreement.