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    Microeconomics Study Set 23
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    Exam 12: Monopolistic Competition and Oligopoly
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    In Which Oligopoly Model(s) Do Firms Earn Zero Profit
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In Which Oligopoly Model(s) Do Firms Earn Zero Profit

Question 26

Question 26

Multiple Choice

In which oligopoly model(s) do firms earn zero profit?


A) Cournot
B) Bertrand
C) Stackelberg
D) Oligopoly firms always earn positive economic profits.

Correct Answer:

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