In a Duopoly,if One Firm Increases Its Price,then the Other

question 139

Multiple Choice

In a duopoly,if one firm increases its price,then the other firm can

• A) keep its price constant and thus increase its market share.
• B) keep its price constant and thus decrease its market share.
• C) increase its price and thus increase its market share.
• D) decrease its price and thus decrease its market share.
• E) keep its price constant and thus maintain a constant market share.

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