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Tidy Tidy
wrote...
Posts: 4852
9 years ago
An agreement among firms to charge the same price or otherwise not to compete is called
A) a pay-off matrix.
B) a subgame-perfect equilibrium.
C) a Nash equilibrium.
D) collusion.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Posts: 5641
9 years ago
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9 years ago
It was nothing, thanks for updating us.
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