Suppose the game is infinitely repeated what strategies, Econometrics

Suppose the game is infinitely repeated what strategies

Suppose the game is infinitely repeated. What strategies will each firm likely utilize?

a. Firm A will charge a low price, and firm B will charge a low price.

b. Firm A will charge a high price, and firm B will charge a low price.

c. Firm A will charge a low price, and firm B will charge a high price.

d. Firm A will charge a high price, and firm B will charge a high price.

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Econometrics: Suppose the game is infinitely repeated what strategies

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Econometrics: Suppose the game is infinitely repeated what strategies

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