Question

In January, Home Depot offered a 10 percentoff coupon and Lowes did not. In February, Lowes offered a 10 percentoff coupon and Home Depot did not. In March, Home Depot offered a 10 percentoff coupon and Lowes did not. It is likely that Home Depot and Lowes are both playing the ________ strategy.

a. grim trigger

b. tit-for-two-tats

c. deterrence

d. tit-for-tat

e. mutually assured destruction

Answer

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