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High price and capturemania

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Reference no: EM131101978

If the firms do not collude, what strategies will they end up choosing?

Picturesque will choose a high price and Capturemania will choose a low price. Picturesque will choose a low price and Capturemania will choose a high price. Both Picturesque and Capturemania will choose a low price. Both Picturesque and Capturemania will choose a high price.

Reference no: EM131101978

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