If duopolists engage in price competition,the result is:
A) always zero profits.
B) always zero profits unless the firms produce differentiated products.
C) always zero profits unless the two goods are perfect substitutes.
D) always zero profits unless the two firms collude.
E) never zero profits.

Question

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The Answer of If duopolists engage in price competition,the result is:
A) always zero profits.
B) always zero profits unless the firms produce differentiated products.
C) always zero profits unless the two goods are perfect substitutes.
D) always zero profits unless the two firms collude.
E) never zero profits.

If Duopolists Engage in Price Competition,the Result Is