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    Economics for Today Study Set 6
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    Exam 10: Monopolistic Competition and Oligopoly
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    When Pepsi Is Considering a Price Hike, It Needs to Consider
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When Pepsi Is Considering a Price Hike, It Needs to Consider

Question 97

Question 97

Multiple Choice

When Pepsi is considering a price hike, it needs to consider how Coke may react. This situation is called:


A) mutual interdependence.
B) price leadership.
C) collusion.
D) monopolistic competition.

Correct Answer:

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