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    Exam 13: Oligopoly and Monopolistic Competition
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    Compared to a Cartel,firms in a Cournot Oligopoly
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Compared to a Cartel,firms in a Cournot Oligopoly

Question 63

Question 63

Multiple Choice

Compared to a cartel,firms in a Cournot Oligopoly


A) make more joint profit.
B) sell less output.
C) make less joint profit.
D) act independently.

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