Question;Week 7 Discussion;Top of Form;?;Price Setting Strategies" Please respond to the following;?;* From the scenario, determine to the;importance of predicting the pricing strategies of rival firms in an industry;characterized by mutual interdependence. Provide a rationale for your response.;?;Examine the common price setting;strategies of airlines that use game theory. Predict the potential effects of;such pricing strategies on the demand for seats, and conclude the resulting;impact on the profitability of the airlines.
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