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    Exam 19: The World of Oligopoly: Preliminaries to Successful Entry
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    In a Cournot Duopoly, the Cournot Conjecture Is an Assumption
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In a Cournot Duopoly, the Cournot Conjecture Is an Assumption

Question 12

Question 12

True/False

In a Cournot duopoly, the Cournot conjecture is an assumption that, no matter what change in price a firm makes, the other firm will not change its own output choice in response.

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