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

Question 134

Multiple Choice

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


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

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