Firms are assumed to act independently

Firms are assumed to cooperate with each other

Firms collude as part of cartel

Firms consider the actions of others before deciding what to do

In Game Theory ? – McqOptions

1.	In Game Theory ?
A.	Firms are assumed to act independently
B.	Firms are assumed to cooperate with each other
C.	Firms collude as part of cartel
D.	Firms consider the actions of others before deciding what to do
Answer» E.

Discussion