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Firm a Has a Higher Marginal Cost Than Firm B's

Question 6

Multiple Choice

Firm A has a higher marginal cost than firm B's.They compete in a homogeneous product Cournot duopoly.Which of the following results will not occur?


A) QA < QB
B) ProfitA < ProfitB
C) Revenue of firm A < Revenue of firm B
D) PriceA < PriceB

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