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Title: Which of the following is not part of an oligopolist's business strategy? Post by: msouthern on Oct 9, 2019 Question 1. If a firm can produce a product at a lower average cost than its competitors, it stands a better chance of earning economic profit. ▸ true ▸ false Question 2. Which of the following is not part of an oligopolist's business strategy? ▸ setting the product's price after considering what rivals will do ▸ deciding the level of total output of a new product ▸ meeting worker health and safety standards required of all firms ▸ determining the amount of advertising a new product needs Title: Which of the following is not part of an oligopolist's business strategy? Post by: Jacobian Smith on Oct 9, 2019 Content hidden
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