Strategic behaviour
What Strategic behaviour means in Economics A-Level, as defined for AQA.
Definition of Strategic behaviour
Check what you remember
Read the wording for your board, then hide it and explain Strategic behaviour in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Firms must consider the likely reactions of rivals when making strategic decisions, and may exhibit collusive behaviour to maximise joint profits.
Topics that use Strategic behaviour
- Oligopoly (AQA A-Level)
Related terms
- Barriers to entry
- Cartel
- Cartels
- Collusion
- Concentration ratio
- Concentration ratios
- Cooperation
- Dynamic efficiency
Using Strategic behaviour in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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