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    Microeconomics
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    Exam 14: Oligopoly and Monopolistic Competition
  5. Question
    A Duopoly in Which Each Firm Produces a Homogeneous Good
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A Duopoly in Which Each Firm Produces a Homogeneous Good

Question 66

Question 66

Multiple Choice

A duopoly in which each firm produces a homogeneous good is called a ________.


A) Bertrand competition
B) Cournot competition
C) Stackelberg competition
D) Sweazy competition

Correct Answer:

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