Implicit collusion

Implicit collusion

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02/16/18 - Winner-take-all dynamics are prevalent throughout the human and natural worlds. Such dynamics promote competition between agents a.
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A) price leadership B)product differentiation C)a retaliation strategy D) a dominant strategy E)a second-price auction Answer: A A ) price leadership 174)A form of implicit collusion where one firm in an oligopoly announces a price change that is matched by other firms in the same industry is A) price leadership. B)retaliation pricing.
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