The Output of Firms Is Determined Simultaneously in _____ Competition

question 82

Multiple Choice

The output of firms is determined simultaneously in _____ competition but sequentially in _____ competition.

• A) Cournot; Bertrand with differentiated goods
• B) Stackelberg; Cournot
• C) collusion; Cournot
• D) Cournot; Stackelberg

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