Economics help! I stink at this. Thanks~?

Question

If there are two gas stations in the town of Smalltown, then the gasoline industry in Smalltown is probably best characterized:

perfect competitive.

monopolistic competitive

monopolistic.

oligopolistic.

2. Which of the following factors increases the likelihood that oligopolists collude?

There are a large number of firms in the industry.

A firm and its rivals are currently operating at maximum productive capacity.

One firm has a significant cost advantage over its rivals.

both b and c

3.In the classic prisoners' dilemma with two accomplices in crime, the dominant strategy for each individual is to:

not confess

confess

confess only if the other confesses

This game does not have a dominant strategy

Answer 1

1-oligopolistic

2-A firm and its rivals are currently operating at maximum productive capacity

3-confess

Answer 2

3. prisoners' dilemma:

dominant strategy? i dunno.

best strategy for both is: not confess

best strategy for individual is: confess only if other confesses

(t*t for tat)

what usually happens: confess all the time