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Author Question: When firms compete with each other rather than cooperate: (Read 82 times)

james9437

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When firms compete with each other rather than cooperate:
◦ the firms will end up better off.
◦ prices will be higher.
◦ output will be lower.
◦ consumers will end up better off.


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Marked as best answer by james9437 on Jul 20, 2019

Hikerman221

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james9437

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Hikerman221

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