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caillacakes caillacakes
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Posts: 511
5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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n00835996n00835996
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5 years ago
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this is exactly what I needed
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