(Figure: Oligopoly Pricing Strategy in Wireless TV Market II) Use

Multiple Choice

(Figure: Oligopoly Pricing Strategy in Wireless TV Market II) Use Figure: Oligopoly Pricing Strategy in Wireless TV Market II. If Spectrum followed a high-price strategy one period but found that Sling followed a noncooperative low-price strategy, and Spectrum decided to lower prices for the next month, one would say that Spectrum is following a:
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A) kinked demand model.
B) best response.
C) Grim trigger strategy.
D) collusive strategy.