Assuming that oligopolists do not have the opportunity to collude,once they have reached the Nash equilibrium,what actions will they take next

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Quizplus · Accepted Answer

Once oligopolists reach the Nash equilibrium, they have no incentive to change their strategies as any deviation could cause their profits to decrease. Therefore, it is generally in their best interest to leave their quantities supplied unchanged. Choosing A, B, or D would not be rational as it would not maximize their profits.

Assuming That Oligopolists Do Not Have the Opportunity to Collude,once