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    Exam 12: Monopolistic Competition and Oligopoly
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    In the Dominant Firm Model, the Smaller Fringe Firms Behave
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In the Dominant Firm Model, the Smaller Fringe Firms Behave

Question 109

Question 109

Multiple Choice

In the dominant firm model, the smaller fringe firms behave like:


A) competitive firms.
B) Cournot firms.
C) Stackelberg firms.
D) Bertrand firms.
E) monopolists.

Correct Answer:

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