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thanhha78 thanhha78
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6 years ago
If a firm perceived that the other firm in an implicit pricing agreement dropped its price in response to a change in market conditions, then its most likely response would be to
A) engage in a price war.
B) match the other firm's price.
C) raise price to punish the other firm.
D) keep its price the same.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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thanhha78 Author
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#2
6 years ago
thnkkkkk .. always right
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