When Marginal Cost Is Constant and Zero, the Interdependence Between

question 59

Multiple Choice

When marginal cost is constant and zero, the interdependence between Cournot duopolists causes

• A)price to be 1/3 higher and quantity to be 1/3 lower than the corresponding values in the monopoly case.
• B)price to be 1/3 lower and quantity to be 1/3 higher than the corresponding values in the monopoly case.
• C)prices and quantities to be the same as they would be in the monopoly case.
• D)prices and quantities to be the same as they would be in the perfectly competitive case.

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