In a Society Consisting of 75% Cooperators and 25% Defectors

question 30

Multiple Choice

In a society consisting of 75% cooperators and 25% defectors, with an 8-unit payoff to a cooperator who interacts with another cooperator and a 0-unit payoff to the cooperator who interacts with a defector, if the cost of scrutiny is 2, the cooperator

• A)Should pay the cost of scrutiny even if it were 3
• B)Should not interact with either cooperators or defectors
• C)Should not pay the cost of scrutiny
• D)Will break even by paying the cost of scrutiny

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Definitions:

Market Revolution

Describes the rapid expansion of the market economy in the 19th century United States, characterized by increases in industrial production and improvements in transportation.

Slavery Expanded

Refers to the growth and spread of the institution of slavery, particularly in the Americas, during the 17th, 18th, and 19th centuries as a result of the transatlantic slave trade.

Population

The total number of people inhabiting a particular country, area, or place, often analyzed for demographic purposes.

Cotton Gin

A machine invented by Eli Whitney in 1793 that quickly and efficiently removes cotton seeds from cotton fibers, greatly impacting the cotton industry and slavery in the United States.