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In Competing with Rivals, Oligopolistic Firms Will Tend to Use

Question 191

Multiple Choice

In competing with rivals, oligopolistic firms will tend to use


A) price cuts because they do not add to costs like advertising.
B) advertising because it is less easily duplicated than price cuts.
C) collusion because it is a legal way to increase market share.
D) price wars because they will increase the profits of firms.

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