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Author Question: If firms in an oligopolistic industry consistently cut their price to sell more output, what price ... (Read 76 times)

lracut11

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on: May 24, 2019
If firms in an oligopolistic industry consistently cut their price to sell more output, what price and output will result?
◦ the monopoly price and output
◦ the competitive price and output
◦ the monopolistically competitive price and output
◦ a price lower than the competitive price and less output than the competitive amount
◦ a price lower than the competitive price and more output than the competitive amount
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by lracut11 on May 24, 2019

yasmin

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Reply #1 on: May 24, 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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lracut11

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Reply #2 on: May 24, 2019
Excellent


yasmin

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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