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corie corie
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6 years ago
In the Cournot duopoly model, each firm assumes that
A) rivals will match price cuts but will not match price increases.
B) rivals will match all reasonable price changes.
C) the price of its rival is fixed.
D) the output level of its rival is fixed.
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Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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#1
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6 years ago
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corie Author
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6 years ago
Good timing, thanks!
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