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Title: In the Cournot model, each firm's ________ shows the firm's optimal, profit-maximizing output ... Post by: lurielbank on Apr 28, 2019 Question 1. The share of industry output accounted for by the top firms in an industry is the industry's concentration ratio. ▸ true ▸ false Question 2. In the Cournot model, each firm's ________ shows the firm's optimal, profit-maximizing output given its rival's output. ▸ price leadership decision ▸ reaction function ▸ collusive response ▸ dominant strategy Title: In the Cournot model, each firm's ________ shows the firm's optimal, profit-maximizing output ... Post by: Nikki_LYNN on Apr 28, 2019 Content hidden
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