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Explain Why OPEC Is Caught in a Prisoner's Dilemma

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Explain why OPEC is caught in a prisoner's dilemma?


Definitions:

Self-esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about personal value and competence.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires, reflecting an understanding of oneself.

Narcissism

A personality trait characterized by an inflated sense of self-importance, a deep need for admiration, and a lack of empathy for others.

Mirror

An object with a reflective surface that returns an image of whatever stands in front of it, often used metaphorically to reflect ideas or qualities.

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