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Figure 12-3 -Oligopolist a Cuts Price in an Attempt to Enlarge His

Question 49

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Figure 12-3
Figure 12-3 -Oligopolist A cuts price in an attempt to enlarge his share of the market.His competitors fail to retaliate with price cuts.In this case, in Figure 12-3, oligopolist A will move from point A to which point? A) B  B) C  C) D  D) E
-Oligopolist A cuts price in an attempt to enlarge his share of the market.His competitors fail to retaliate with price cuts.In this case, in Figure 12-3, oligopolist A will move from point A to which point?


A) B 
B) C 
C) D 
D) E

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