If the price of Pepsi decreases, all else held constant, then we’d expect to see a consequent shift of the demand curve for: Mul
1 answer:
You might be interested in
Answer:
for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising
Explanation:
Using the below expression to determine the range of interest rates could these firms use trigger strategies to support the collusive level of advertising; we have:
where;
Then :
=
=
%
Thus; for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising