If Competing Oligopolists Completely Ignore Oligopolist X's Price Changes, Then

question 155

Multiple Choice

If competing oligopolists completely ignore oligopolist X's price changes, then X's

• A)demand curve will be less elastic than if the other oligopolists matched X's price changes.
• B)demand curve will be more elastic than if the other oligopolists matched X's price changes.
• C)marginal revenue curve will have a vertical gap.
• D)demand and marginal revenue curves will coincide.

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