Homework answers / question archive / Interdependence occurs when firms consider the actions of other firms when making price and output decisions

Interdependence occurs when firms consider the actions of other firms when making price and output decisions

Marketing

Share With

Interdependence occurs when firms consider the actions of other firms when making price and output decisions.

A. all firms in an industry are affected by the same general economic conditions, like consumer incomes and the unemployment rate.

B. firms cooperate to increase profit.

C. both a and b.

D. all of the above