In a Cournot Duopoly, a Residual Demand Curve

Multiple Choice

In a Cournot duopoly, a residual demand curve:

A) is the same as a market demand curve.
B) represents the demand curve that one firm faces given the output choice of the other firm.
C) is the same as a marginal revenue curve when determining output in the Cournot model.
D) is steeper than the market demand curve.