Question: What is multi-point competition?Why does it complicate the decision to respond to competitive moves?In this context, explain the concept of mutual forbearance.Find and briefly discuss

What is multi-point competition?Why does it complicate the decision to respond to competitive moves?In this context, explain the concept of mutual forbearance.Find and briefly discuss an example of a firm engaged in mutual forbearance in the face of multi-point competition.

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