The profits of the leader in a Stackelberg duopoly:
A) are less than those of the follower.
B) equal those of the follower.
C) are greater than those of the follower.
D) are less than those of a Sweezy oligopolist.

Question

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The Answer of The profits of the leader in a Stackelberg duopoly:
A) are less than those of the follower.
B) equal those of the follower.
C) are greater than those of the follower.
D) are less than those of a Sweezy oligopolist.

The Profits of the Leader in a Stackelberg Duopoly