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Basic Question 5 of 17
"Price wars" is an example of ______ strategy.
B. the Cournot assumption
C. the Nash equilibrium
A. a pricing interdependence
B. the Cournot assumption
C. the Nash equilibrium
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Learning Outcome Statements
explain supply and demand relationships under oligopoly, including the optimal price and output for firms as well as pricing strategy
CFA® 2024 Level I Curriculum, Volume 1, Module 1.