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In a Duopoly with a Collusive Agreement and in a One-

Question 100

Multiple Choice

In a duopoly with a collusive agreement and in a one- time only game, a firm's profit is largest if it
_______ The agreement and if the other firm _______ the agreement.


A) cheats on; cheats on
B) complies with; complies with
C) cheats on; complies with
D) complies with; cheats on

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