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Home Q & A Board Other Fields Homework Help Business Economics
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lurielbank lurielbank
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5 years ago

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
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Nikki_LYNNNikki_LYNN
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#1
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5 years ago
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lurielbank Author
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5 years ago
Helped a lot
Mkersey12
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
derya1234
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2 hours ago
This helped my grade so much Perfect
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