If the Sellers in a Market Are Aware of Their

If the sellers in a market are aware of their strategic interdependence,then

A) each firm bases its pricing and output decisions on the monopoly model
B) each firm,when making pricing or output decisions,must consider the reactions of its competitors
C) the firms have little incentive to collude in their pricing and output decisions
D) the firms undertake little advertising because they cannot recoup the cost through higher prices
E) no firm is able to earn above-normal profit in the long run