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apadong apadong
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Posts: 856
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7 years ago
A weakness of the Cournot model is that
A) it cannot explain how firms initially set price and quantity.
B) it assumes that firmsʹ actions are not interdependent.
C) the pricing strategies that firms use are too complex.
D) it assumes that firms do not anticipate the moves of their rivals.
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Akshtsaklani21Akshtsaklani21
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7 years ago
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apadong Author
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7 years ago
Brilliant
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Just got PERFECT on my quiz
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Good timing, thanks!
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