If Duopolists Individually Pursue Their Own Self-Interest When Deciding How

Multiple Choice

If duopolists individually pursue their own self-interest when deciding how much to produce, the profit-maximizing price they will charge for their product will be

A) less than the monopoly price.
B) equal to the perfectly competitive market price.
C) greater than the monopoly price.
D) possibly less than or greater than the monopoly price.