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If Best Paints and Paint with Us Are Competing in a Duopoly

Question 13

Multiple Choice

If Best Paints and Paint with Us are competing in a duopoly and it is always best for Best Paints to charge a price of $20 per gallon of paint regardless of the price Paint with Us charges, then charging $20 is ________for Best Paints.


A) a dominant and pure strategy
B) a dominant, but not pure strategy
C) neither a dominant nor pure strategy
D) a pure, but not dominant strategy

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