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a. keep their rates of production constant.
b. keep their prices constant.
c. match price cuts but not price increases.
d. match price increases but not price cuts.
(B) Thank You.
b. keep their prices constant
B.
all the firms will set the same prices, p1 = p2 = p, and that it will be equal to the marginal
cost, in other words, the perfectly competitive outcome
I Will Choose Option " B "
I choose option b ....................................................................................................
b. keep their prices constant.. .............................................................................
My answer is also option (B)
The answer is : Option ( B )
answer B _________________________________
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