In the Cournot Duopoly Model,each of the Two Firms,in Determining

question 4

Multiple Choice

In the Cournot duopoly model,each of the two firms,in determining its profit-maximizing price-output level,assumes that the other firm's ____ will not change.

• A) price
• B) output
• C) marketing strategy
• D) inventory
• E) none of the above

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