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.
ANSWER:
C
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.
ANSWER:
C