Mexico and the members of opec produce crude oil. realizing that it would be in their best interests to form an agreement on production goals, a meeting is arranged, and an informal, verbal agreement is reached. if both mexico and opec abide by the agreement, then opec profit will be $200 million and mexico's profit will be $100 million. if both mexico and opec cheat on the agreement, then opec profit will be $175 million and mexico's profit will be $80 million. if only opec cheats, then opec's profit will be $185 million, and mexico's profit will be $60 million. if only mexico cheats, then mexico's profit will be $110 million, and opec's profit will be $150 million. to mexico, the payoff to cheating is either



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