If Zipride prices high, Citron will make more profit if it chooses a price. If Citron prices high, Zipride will make more profit if it chooses a price. Considering all of the information given, pricing low price, and if Zipride prices low, Citron will make more profit if it chooses a If the firms do not collude, what strategies will they end up choosing? price, and if Citron prices low, Zipride will make more profit if it chooses a a dominant strategy for both Zipride and Citron. O Both Zipride and Citron will choose a low price. O Zipride will choose a low price, and Citron will choose a high price. O Zipride will choose a high price, and Citron will choose a low price. O Both Zipride and Citron will choose a high price.
If Zipride prices high, Citron will make more profit if it chooses a price. If Citron prices high, Zipride will make more profit if it chooses a price. Considering all of the information given, pricing low price, and if Zipride prices low, Citron will make more profit if it chooses a If the firms do not collude, what strategies will they end up choosing? price, and if Citron prices low, Zipride will make more profit if it chooses a a dominant strategy for both Zipride and Citron. O Both Zipride and Citron will choose a low price. O Zipride will choose a low price, and Citron will choose a high price. O Zipride will choose a high price, and Citron will choose a low price. O Both Zipride and Citron will choose a high price.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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