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Author Question: The demand curve facing a dominant firm in the price leadership model is derived by subtracting the (Read 57 times)

saliriagwu

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on: Apr 19, 2019

Question 1

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

Question 2

The demand curve facing a dominant firm in the price leadership model is derived by subtracting the


◦ amount supplied by the smaller firms from market demand.
◦ amount supplied by the smaller firms from market supply.
◦ amount demanded by customers from the smaller firms from market supply.
◦ dominant firm's marginal cost curve from the industry's supply curve.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by saliriagwu on Apr 19, 2019

fauacakatahaias

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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saliriagwu

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

mohan

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

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