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Lena [83]
3 years ago
8

Assume a duopoly of office supply big box stores where each carries the same merchandise and each advertises that it will "meet

or beat" any competitor's price. Assume further that they have no online competition from anyone else. How does the "meet or beat" policy affect buyers in terms of the prices offered to them over the long run? What does this suggest about oligopolistic behavior generally?
Business
1 answer:
Vladimir79 [104]3 years ago
3 0

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