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Author Question: If two firms use a tit-for-tat scheme to maintain cartel pricing and one firm chooses a low price in ... (Read 51 times)

ashley

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on: Jul 20, 2019
If two firms use a tit-for-tat scheme to maintain cartel pricing and one firm chooses a low price in the current time period then:
◦ that firm will also choose a high price in the next time period.
◦ the other firm will choose a low price in the next time period.
◦ the other firm will choose a high price in the next time period.
◦ that firm will also choose a low price in the next time period.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by ashley on Jul 20, 2019

nixon_s

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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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ashley

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Reply 2 on: Jul 20, 2019
YES! Correct, THANKS for helping me on my review

laurnthompson

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Reply 3 on: Yesterday
Excellent

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