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    Modern Principles of Economics Study Set 2
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    Exam 15: Oligopoly and Game Theory
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    Reference: Ref 15-7 (Table: Oil Output) Refer to the Table
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Reference: Ref 15-7 (Table: Oil Output) Refer to the Table

Question 112

Question 112

Multiple Choice

  Reference: Ref 15-7 (Table: Oil Output)  Refer to the table. The equilibrium outcome is: A)  $78, $78. B)  $65, $65. C)  $89, $60. D)  $60, $89. Reference: Ref 15-7 (Table: Oil Output) Refer to the table. The equilibrium outcome is:


A) $78, $78.
B) $65, $65.
C) $89, $60.
D) $60, $89.

Correct Answer:

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