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    Exam 14: Oligopoly and Strategic Behavior
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    A Statement of Coercion by One Firm Is
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A Statement of Coercion by One Firm Is

Question 199

Question 199

Multiple Choice

A statement of coercion by one firm is


A) an empty threat if it is believed by the other firm.
B) a credible threat if it is not believed by the other firm.
C) always a credible threat whether or not it is believed by the other firm.
D) a credible threat if it is believed by the other firm.

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