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In the Dominant Firm Model of Oligopoly,the Dominant Firm Assumes

Question 62

Multiple Choice

In the dominant firm model of oligopoly,the dominant firm assumes that the other firms in the market:


A) will charge a higher price than it does.
B) will together produce a lower quantity of output than it does.
C) behave like competitive firms.
D) behave like monopolistic firms.

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