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-Consider the Oil-Drilling Game Depicted in Figure 4

Question 11

Multiple Choice

-Consider the oil-drilling game depicted in Figure 4.2 in which the payoffs are in millions of dollars. Below what discount rate will cooperation become unstable? A) 6.67 percent. B) 15 percent. C) 25 percent. D) 33.33 percent. E) 50 percent.
-Consider the oil-drilling game depicted in Figure 4.2 in which the payoffs are in millions of dollars. Below what discount rate will cooperation become unstable?


A) 6.67 percent.
B) 15 percent.
C) 25 percent.
D) 33.33 percent.
E) 50 percent.

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