In a Market Where Firm a and Firm B Are

Multiple Choice

In a market where Firm A and Firm B are leading suppliers,if Firm A initiates a price cut,the likelihood that Firm B responds with an identical price cut will be greater:

A) If Firm B's medium term goal is to maximize profit.
B) If Firm B's medium term goal is to maximize market share.
C) If Firm B is a private rather than a public (listed) company.
D) If the market is growing.