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pirex pirex
wrote...
Posts: 634
6 years ago
In the Cournot model, a firm maximizes profit by selecting
A) its output, assuming that other firms keep their output constant.
B) its price, assuming that other firms keep their price constant.
C) its output, assuming that other firms will retaliate.
D) its price, assuming that other firms will retaliate.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 80 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home

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Replies
wrote...
6 years ago
A
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