Which of the following statements about a price-matching strategy is incorrect?
A) It may be applied in situations besides Bertrand oligopoly.
B) It requires that the firms can monitor their rival's prices.
C) It reduces the incentive for a rival firm to initiate a price war.
D) It only guarantees to match prices that are advertised publicly.

Question

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The Answer of Which of the following statements about a price-matching strategy is incorrect?
A) It may be applied in situations besides Bertrand oligopoly.
B) It requires that the firms can monitor their rival's prices.
C) It reduces the incentive for a rival firm to initiate a price war.
D) It only guarantees to match prices that are advertised publicly.

Which of the Following Statements About a Price-Matching Strategy Is