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Question
Suppose a firm can charge a relatively low price to try to compete actively with its rivals, or it can charge a relatively high, collusive price. If its strategy is to charge the low price regardless of the other firmsʹ decisions, this low-price is the firmʹs
A) dependent strategy.
B) independent strategy.
C) dominant strategy.
D) positive sum strategy.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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