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    Refer to the Normal-Form Game of Price Competition in the Payoff
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Refer to the Normal-Form Game of Price Competition in the Payoff

Question 91

Question 91

Multiple Choice

Refer to the normal-form game of price competition in the payoff matrix below. Refer to the normal-form game of price competition in the payoff matrix below.   What is the maximum interest rate that can sustain collusion? A)  30 percent B)  15 percent C)  66.7 percent D)  20 percent What is the maximum interest rate that can sustain collusion?


A) 30 percent
B) 15 percent
C) 66.7 percent
D) 20 percent

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