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    Exam 14: Oligopoly
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    When a Firm Responds to a Rival's Cheating by Cheating
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When a Firm Responds to a Rival's Cheating by Cheating

Question 2

Question 2

Multiple Choice

When a firm responds to a rival's cheating by cheating and to a rival's cooperation by cooperating,that firm is practicing a _____ strategy.


A) dominant
B) trigger
C) conclusive
D) tit-for-tat

Correct Answer:

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