If a Market Is a Duopoly and Additional Firms Enter

question 297

Multiple Choice

If a market is a duopoly and additional firms enter and do not cooperate, then

• A)price and quantity fall.
• B)price and quantity rise.
• C)price falls and quantity rises.
• D)price rises and quantity falls.

Evaluate information quality and accuracy for business messages.

Understand and apply the journalistic approach to include all required information.

Recognize the benefits of free writing in the message development process.

Determine precise audience information needs at different planning stages.

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