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Use the Following Figure to Answer the Question : Figure

Question 18

Multiple Choice

Use the following figure to answer the question : Figure 13-1 : shows the Stackelberg model of a duopoly.Both firms face constant marginal costs equal to OJ and the market demand curve is AD.The Stackelberg firm produces an output of OF and OF is equal to FL. Use the following figure to answer the question : Figure 13-1 :  shows the Stackelberg model of a duopoly.Both firms face constant marginal costs equal to OJ and the market demand curve is AD.The Stackelberg firm produces an output of OF and OF is equal to FL.   -Refer to Figure 13-1.The Stackelberg firm's residual demand curve is given by: A) AC B) BCD C) BE D) JCD
-Refer to Figure 13-1.The Stackelberg firm's residual demand curve is given by:


A) AC
B) BCD
C) BE
D) JCD

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