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Baradar Baradar
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A year ago
Suppose Proctor and Gamble introduces a new brand of laundry detergent. Brand proliferation is an example of

▸ explicit collusion.

▸ a Nash equilibrium.

▸ tacit collusion.

▸ a firm-created barrier to entry.

▸ a cooperative outcome.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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Hollywood1971Hollywood1971
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A year ago
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A year ago
You make an excellent tutor!
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this is exactly what I needed
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