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MrsAngelD MrsAngelD
wrote...
Posts: 322
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6 years ago
If a Cournot duopolist announced that it will double its output,
A) it becomes the leader.
B) the other firm does not view the announcement as credible.
C) the other firm will shut down.
D) the other firm will double output also.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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