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In a Price-Leadership Oligopoly,it Is Much Simpler for the Price

Question 139

Multiple Choice

In a price-leadership oligopoly,it is much simpler for the price leader to identify its dominant strategy when


A) at least one price follower has a terminal strategy
B) it expects competition from the other firms
C) it expects other firms to match its prices
D) the government actively seeks antitrust penalties
E) price equals marginal cost

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