robert38621 robert38621

10-12-2022
Business

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an agreement between two duopolists to function as a monopolist usually breaks down because

Respuesta :

JitSen257 JitSen257

17-12-2022

To make more money, each duopolist wants a larger share of the market.

How can duopolists benefit from a price match strategy?

First, price-matching reduces businesses' incentives to lower prices in order to attract customers who don't pay for search. Second, price-matching reduces the marginal benefit of search for consumers who have positive search costs, leading them to accept higher prices.

Which three kinds of agreements are there?

Contracts with a set price.
Contracts with a cost plus
Time and materials contracts.

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