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Author Question: What makes a grim trigger strategy "grim" is: (Read 68 times)

cherise1989

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on: Jul 20, 2019
What makes a grim trigger strategy "grim" is:
◦ if one player underprices, then the other player is driven out of the market.
◦ if one player underprices, then the other player notifies the Federal Trade Commission.
◦ if one player underprices, then the other player drops the price so far that profits for both firms are zero.
◦ if one player overprices, then the other overprices to the point of zero quantity demanded.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by cherise1989 on Jul 20, 2019

jackie

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cherise1989

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Reply #2 on: Jul 20, 2019
TY


jackie

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Reply #3 on: Jul 20, 2019
You're welcome


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