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Tidy Tidy
wrote...
Posts: 4852
9 years ago
An oligopolist's demand curve is
A) identical to that of a perfect competitive firm.
B) identical to that of a monopolistically competitive firm.
C) vertical on a price quantity diagram.
D) unknown because a response of firms to price changes by rivals is uncertain.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 793 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
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Posts: 5641
9 years ago
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wrote...
9 years ago
The textbook reference in your signature really helped me narrow it down.

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