Use the following case from question
Irene's Dairy is deciding whether or not to enter the market for ice cream,currently monopolized by Mattie's Ice-cream.If it enters the market,Mattie's can either accommodate him and share his 10million in profits equally with Irene or fight him and cause a 5million loss for each in a price war.
-If Mattie's threatens to always fight,what would Irene's best response be?
A)Enter
B)Not enter
C)Run
D)All of the above

Question

Use the following case from question
Irene's Dairy is deciding whether or not to enter the market for ice cream,currently monopolized by Mattie's Ice-cream.If it enters the market,Mattie's can either accommodate him and share his 10million in profits equally with Irene or fight him and cause a 5million loss for each in a price war.​
-​If Mattie's threatens to always fight,what would Irene's best response be?
A)​Enter
B)Not enter
C)Run
D)​All of the above

Quizplus · Accepted Answer

The Answer is B

Use the Following Case from Question