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-Figure 12

Question 64

Multiple Choice

-Figure 12.2 shows the decision tree for setting price for the only two firms in a market.One way for both firms to charge a high price is for both firms to A) play their dominant strategies. B) collude. C) expand output. D) any of the above
-Figure 12.2 shows the decision tree for setting price for the only two firms in a market.One way for both firms to charge a high price is for both firms to


A) play their dominant strategies.
B) collude.
C) expand output.
D) any of the above

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