In the oligopoly price- fixing game, the payoffs are the
A) reputations of the firms.
B) market shares of the firms.
C) sales of the firms.
D) profits of the firms.

Question

Quizplus · Accepted Answer

In the context of oligopoly price-fixing games, the primary focus is on the profits of the firms. This is because the strategic decisions made by firms in an oligopoly, such as setting prices, directly impact their profitability.

In the Oligopoly Price- Fixing Game, the Payoffs Are the