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  3. Study Set
    Foundations of Macroeconomics
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    Exam 18: Oligopoly
  5. Question
    If a Duopoly Has Reached the Monopoly Outcome,a Firm Can
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If a Duopoly Has Reached the Monopoly Outcome,a Firm Can

Question 58

Question 58

Multiple Choice

If a duopoly has reached the monopoly outcome,a firm can increase its profit by if it and it alone ________ its price and ________ its production.


A) raises; increases
B) raises; decreases
C) lowers; increases
D) lowers; decreases
E) raises; does not change

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