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Business, 05.05.2020 08:52 annemcnair217

A dominant strategy is: a) a strategy that is the best for a firm no matter what strategies other firms use. b) a strategy that is obviously the best for each firm that is a party to a business decision. c) an equilibrium where each firm chooses the best strategy, given the strategies of other firms. d) a strategy chosen by two firms that decide to charge the same price or otherwise not to compete.

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