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Hernando G. Hernando G.
wrote...
Posts: 440
4 years ago
A dominant strategy, as seen by a firm, is one that is

▸ decided by the firm itself, because it is dominant in the industry.

▸ legally imposed by the government or a regulator.

▸ decided by a dominant firm.

▸ always chosen.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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krobdancekrobdance
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Posts: 396
4 years ago
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