Which of the Following Is True About a Sweezy Oligopoly

question 94

Multiple Choice

Which of the following is true about a Sweezy oligopoly?

• A) The marginal cost function has a downward "jump" or "discontinuity."
• B) The marginal revenue function has a downward "jump" or "discontinuity."
• C) The marginal cost function has an upward "jump" or "discontinuity."
• D) The marginal revenue function has an upward "jump" or "discontinuity."

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