Decision makers in oligopolistic firms must devise a strategy. One that yields the highest benefit, regardless of what the other players do is a

A) pricing strategy.
B) rule-of-thumb strategy.
C) dominant strategy.
D) revenue strategy.

Answer: C

Economics

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Your company makes copper pipes. Over the years, you have collected a large inventory of raw copper. The production process involves melting the copper and shaping it into pipes. You also have a large stockpile of pennies

Suppose the price of copper rises so much that the copper in the penny becomes worth more than one cent. Should you melt down your pennies?

Economics

It is easy to define income for tax purposes

a. True b. False

Economics