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wrote...
Posts: 72
2 weeks ago
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 firms' decisions, this low-price is the firm's

• dependent strategy.

• independent strategy.

• positive sum strategy.

• dominant strategy.
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Economics Today: The Micro View
Edition: 19th
Author:
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2 weeks ago
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dominant strategy.
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