The Table Below Shows the Payoff (Profit) Matrix of Firm

question 112

Multiple Choice

The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) .Table 12.2

-Actions that allow oligopoly firms to coordinate their pricing behavior without explicit collusion are referred to as _____.

• A)strategic behavior
• B)differential pricing strategies
• C)facilitating practices
• D)duopoly price discrimination mechanisms
• E)independent practices

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