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In a Cournot Oligopoly with N Firms and Identical Marginal

Question 89

Multiple Choice

In a Cournot oligopoly with N firms and identical marginal costs,the relationship between the price elasticity of demand for the firm and that of the market is:


A) EF = EM.
B) EF = NEM.
C) EF = EM/N.
D) EF = N/EM.

Correct Answer:

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