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-Refer to Table 10 -2

Question 7

Multiple Choice

-Refer to Table 10 -2. If Coke produces a low quantity, what is Pepsi's best response? A) Produce a high quantity and earn a profit of $20 million. B) Produce a high quantity and earn a profit of $25 million. C) Produce a low quantity and earn a profit of $20 million. D) Produce a low quantity earn a profit of $25 million.
-Refer to Table 10 -2. If Coke produces a low quantity, what is Pepsi's best response?


A) Produce a high quantity and earn a profit of $20 million.
B) Produce a high quantity and earn a profit of $25 million.
C) Produce a low quantity and earn a profit of $20 million.
D) Produce a low quantity earn a profit of $25 million.

Correct Answer:

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