When an oligopoly is in a nash equilibrium, a. firms have colluded to set their prices. b. a firm will not take into account the strategies of its rivals. c. firms will not behave as profit maximizers. d. a firm will choose its best pricing strategy, given the strategies that it observes other firms have taken.

Option D is the answer.

Step-by-step explanation:

An oligopoly is a market in which there are only a few sellers, with each seller offering a product similar or identical to the others.

So, When an oligopoly is in a Nash equilibrium, then - a firm will choose its best pricing strategy, given the strategies that it observes other firms have taken.

Note :

A Nash equilibrium occurs when no participant ( between different participants) can gain by a uniform change of strategy if the strategies of the others remain unchanged. The system is somewhat stable in this equilibrium state.

To find how much each bicycle weighed, all we have to do is divide the total amount of weight (1,056) by how many bicycles that were weighed (24)

1,056 ÷ 24 = 44

Therefore, each bicycle weighed 44 pounds

Hope this helps you

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