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Please explain how to solve with the formula that provides in the picture, how do you know which #is cheating or corporation What is the

image text in transcribedPlease explain how to solve with the formula that provides in the picture, how do you know which #is cheating or corporation

What is the maximum interest rate at which collusion could occur between these firms with a trigger strategy if the game is played an infinite number of times a. 40% b. 35% c. 60% d. 50%

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