Strategic behavior

A) is found in competitive markets.
B) is a form of product differentiation.
C) involves the interdependence of actions.
D) is only present when there are price fixing agreements.

C

Economics

You might also like to view...

Why is it difficult for an oligopolist to determine its profit-maximizing price and output?

Economics

Can positive economic profits persist under monopolistic competition in the long run. Why?

Economics