In finitely repeated price-fixing game, the dominant strategy of ...

[09madisonrousseau09]

In finitely repeated price-fixing game, the dominant strategy of each player is to break the agreement on every play.
  Indicate whether the statement is true or false

Question 2

If an industry experiences economies of scale in production, then entry into the market by other firms is easy.
 a. True
  b. False
  Indicate whether the statement is true or false

[nickk12214]

Answer to Question 1

T

Answer to Question 2

False