Suppose a Firm Can Charge a Relatively Low Price to Try

Multiple Choice

Suppose a firm can charge a relatively low price to try to compete actively with its rivals, or it can charge a relatively high, collusive price. If its strategy is to charge the low price regardless of the other firms' decisions, this low-price is the firm's

A) dependent strategy.
B) independent strategy.
C) dominant strategy.
D) positive sum strategy.