For a Duopoly,what Is the Result of the Logic of Self-Interest

question 191

Multiple Choice

For a duopoly,what is the result of the logic of self-interest

• A)The total output level equals the output level that would prevail in a competitive market.
• B)The total output level equals the output level that would prevail in a monopoly.
• C)The total output level exceeds the monopoly level, but falls short of the competitive level.
• D)The total output level falls short of the monopoly level.