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Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281 Exercise 2
Potential rivals may be more likely to collude if they view themselves as playing a repeated game rather than a one-time game.
Explanation
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Repeated game:
In oligopoly competitive...
Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
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