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    Microeconomics Study Set 23
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    Exam 12: Monopolistic Competition and Oligopoly
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    The Oligopoly Model That Is Most Appropriate When One Large
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The Oligopoly Model That Is Most Appropriate When One Large

Question 86

Question 86

Multiple Choice

The oligopoly model that is most appropriate when one large firm usually takes the lead in setting price is the ________ model.


A) Cournot
B) Stackelberg
C) game theory
D) Prisoners' Dilemma

Correct Answer:

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