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    Microeconomics Study Set 45
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    Exam 14: Oligopoly and Strategic Behavior
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    Price Wars Among Oligopolists Tend to
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Price Wars Among Oligopolists Tend to

Question 293

Question 293

Multiple Choice

Price wars among oligopolists tend to


A) strengthen the price leadership model.
B) reduce profits for the firms.
C) hurt the buyers of the product.
D) occur when sales growth in the industry is strong.

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