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    Microeconomics Theory with Applications
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    Exam 16: Game Theory and Oligopoly
  5. Question
    In the Cournot Model
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In the Cournot Model

Question 73

Question 73

Multiple Choice

In the Cournot model:


A) firms choose quantities.
B) firms minimize costs.
C) firms produce what the government tells them to.
D) firms choose prices.

Correct Answer:

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