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Mutual interdependence means that

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Mutual interdependence means that
a. all firms are price takers.
b. each firm sets its own price based on its anticipated reaction by its competitors.
c. all firms collaborate to establish one price.
d. all firms are free to enter or leave the market.

© BrainMass Inc. brainmass.com October 15, 2018, 6:43 am ad1c9bdddf - https://brainmass.com/economics/microeconomics/155220
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