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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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9 years ago
A dominant strategy is
A) an equilibrium where each firm chooses the best strategy, given the strategies of other firms.
B) a strategy chosen by two firms that decide to charge the same price or otherwise not to compete.
C) a strategy that is obviously the best for each firm that is a party to a business decision.
D) a strategy that is the best for a firm no matter what strategies other firms use.
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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8 years ago
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8 years ago
It was nothing, thanks for updating us.
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