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Author Question: If an oligopolistic game is repeatedly played, which of the following can occur? (Read 41 times)

tnt_battle

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on: May 24, 2019
If an oligopolistic game is repeatedly played, which of the following can occur?
◦ Players can learn ways to cooperate and make an economic profit.
◦ The competitive price and output consistently is the final result.
◦ Firms can learn how to cheat more effectively on the other player.
◦ One firm will be driven out of business.
◦ An implicit agreement is reached in which one firm constantly cheats on the cartel and the other firm complies with it.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by tnt_battle on May 24, 2019

scikid

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Reply #1 on: May 24, 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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tnt_battle

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

billybob123

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Reply 3 on: Yesterday
Excellent

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