The reason that collusion is a difficult strategy to maintain over time is because the parties to the collusion have strong incentives to cheat on these cooperative agreements.
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Q66: Bertrand's analysis suggests that the superior profits
Q67: Gamma Food Products competes in the "center-of-the-aisle"
Q68: Cournot examined the performance consequences if colluding
Q69: Both Bertrand and Cournot,in their collusion cheating
Q70: Generally,long-run profits for firms that cheat on
Q72: Gamma Food Products competes in the "center-of-the-aisle"
Q73: While a number of industry attributes have
Q74: Gamma Food Products competes in the "center-of-the-aisle"
Q75: Gamma Food Products competes in the "center-of-the-aisle"
Q76: The performance results associated with both Bertrand
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