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Suppose That Firm a and Firm B Enter into a Collusive

Question 72

Multiple Choice

Suppose that firm A and firm B enter into a collusive agreement. Suppose firm A violate the agreement, which results in firm B deciding never again to cooperate with firm A. This is an example of a:


A) Strictly dominant strategy.
B) Trigger strategy.
C) Cheating rule.
D) Backward iteration.
E) Focal-point strategy.

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