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Llanis Llanis
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7 years ago
In a duopoly, if advertising only takes customers from rivals rather than attracting new customers, then
A) neither firm will advertise.
B) there is no dominant strategy.
C) the result is similar to the prisoners' dilemma.
D) only one firm will advertise.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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LBCeaLBCea
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7 years ago
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Llanis Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This site is awesome
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This helped my grade so much Perfect
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