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The accompanying graph depicts a normal-form game of price competition. What is the maximum interest rate that can sustain collusion? Firm B Low Price High
The accompanying graph depicts a normal-form game of price competition. What is the maximum interest rate that can sustain collusion? Firm B Low Price High Price Firm A Low Price 0,0 (24, -3) High Price (-3, 24) (6, 6) Multiple Choice O 33 percent O 50 percent O 67 percent O 100 percent
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