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Author Question: The Stackelberg model of oligopoly assumes that each of the two producers will choose prices instead ... (Read 32 times)

frankwu

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on: Jun 30, 2018
The Stackelberg model of oligopoly assumes that each of the two producers will choose prices instead of quantities and neither will change price in response to the other's decision.
  Indicate whether the statement is true or false

Question 2

The marginal revenue curve of a monopolist coincides with its average revenue curve.
 a. True
  b. False
  Indicate whether the statement is true or false


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ntsoane kedibone

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Reply #1 on: Jun 30, 2018
Answer to Question 1

F

Answer to Question 2

False


frankwu

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

robbielu01

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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