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    Exam 12: Profit Maximisation Under Imperfect Competition
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    A________ Is Used to Show How a Firm's Optimal Output
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A________ Is Used to Show How a Firm's Optimal Output

Question 38

Question 38

Multiple Choice

A________ is used to show how a firm's optimal output varies according to the output chosen by its rival.


A) reduction function
B) reaction function
C) regret function
D) real- time function
E) recurring function

Correct Answer:

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