Assume all markets are in long-run equilibrium.The market quantity supplied in a duopoly would be ________ the market quantity supplied in a monopoly and ________ the market quantity supplied in a competitive market.
A) less than or equal to; less than or equal to
B) less than or equal to; greater than or equal to
C) less than; equal to
D) greater than; equal to
E) greater than or equal to; less than or equal to
Correct Answer:
Verified
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