What are secure strategies for firm A and firm B respectively?
A. (low price, low price).
B. (high price, low price).
C. (high price, high price).
D. neither firm has a secure strategy.
Answer:A
What are secure strategies for firm A and firm B respectively?
A. (low price, low price). B. (high price, low price). C. (high price, high price). D. neither firm has a secure strategy.