Under what conditions could trigger strategies be used by these firms to support the collusive level of advertising? Identify the costs that are relevant for your decision, and then determine whether Gear Net should produce 250 hubs or 500 hubs.
15. At a time when demand for ready-to-eat cereal was stagnant, a spokesperson for the cereal maker Kellogg's was quoted as saying, "... for the past several years, our individual company growth has come out of the other fellow's hide." Kellogg's has been producing cereal since 1906 and continues to implement strategies that ma