A duopolists' dilemma occurs when two firms in a market would be better off if
a. both firms act jointly as a cartel and choose the best price.
b. both firms adopt price matching.
c. one firm refuses to participate in the cartel.
d. both choose the high price but instead, each chooses the low price.
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Home » Business » A duopolists' dilemma occurs when two firms in a market would be better off if a. both firms act jointly as a cartel and choose the best price. b. both firms adopt price matching. c. one firm refuses to participate in the cartel. d.