In an Oligopoly,output Is

question 157

Multiple Choice

In an oligopoly,output is

• A) less than the output in monopoly.
• B) greater than the output in perfect competition.
• C) in all circumstances the same as the output in perfect competition.
• D) somewhere between the output in monopoly and that in perfect competition outcomes.
• E) in all circumstances the same as the output in monopoly.

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