Suppose the game is infinitely repeated. What strategies will each firm utilize?
a. Firm A will charge a lower price and firm B will charge a lower price
b. Firm A will charge a higher price and firm B will charge a lower price
c. Firm A will charge a lower price and firm B will charge a higher price
d. Firm A will charge a higher price and firm B will charge a higher price
d
Economics
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The price of ________ consumption in terms of ________ consumption is ________
A) future; current; 1/(1 + r) B) present; future; 1/(1 + r) C) future; current; r D) present; future; r E) future; current; 1 + r
Economics
Offshore banking can take place at which institution?
A) agency office only B) subsidiary bank only C) foreign bank only D) subsidiary bank and foreign bank E) agency office, subsidiary bank, and foreign bank
Economics