If the Profit-Maximizing Markup Factor in a Six-Firm Cournot Oligopoly

question 62

Multiple Choice

If the profit-maximizing markup factor in a six-firm Cournot oligopoly is 3,what is the corresponding market elasticity of demand?

• A) −0.25
• B) −1.25
• C) 0.08
• D) None of the answers are correct.

---

Definitions:

Psychodynamic Therapy

A type of therapy based on the psychoanalytic perspective, focusing on unconscious processes as they are manifested in a person's present behavior, with an emphasis on emotional and relationship issues.

Unipolar Depression

A major depressive disorder characterized by a persistent feeling of sadness or lack of interest in external stimuli, without the manic episodes associated with bipolar disorder.

Psychotherapies

A variety of therapeutic techniques utilized to improve an individual's mental health and alleviate psychological disorders by speaking with a therapist.

Bipolar II Disorder

A type of bipolar disorder marked by mild manic (hypomanic) and major depressive episodes.