alleryMatch share MC: 1. Share: p. Small 2. Action: q. Slight 3. Rival: r. No clash
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Because an MC firm has a small market share, its individual actions have a negligible impact and do not prompt retaliation.
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