📊 MicroEconomics, Theory and Applications 1
Q. An oligopolist may engage in short-run behaviour that results in lower profits if
  • (A) it leads to a nash equilibrium
  • (B) it is a dominant strategy
  • (C) it is not involved in a repeated game
  • (D) it lends credibility to the firm\s threats
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✅ Correct Answer: (D) it lends credibility to the firm\s threats

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