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"An Oligopoly Is an Oligopoly

Question 101

Multiple Choice

"An oligopoly is an oligopoly.Firms behave the same no matter what type of oligopoly it is." This statement is true of:


A) Bertrand and Cournot oligopolies.
B) Cournot and Stackelberg oligopolies.
C) Bertrand and Stackelberg oligopolies.
D) none of the statements associated with this question are correct.

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