Which oligopoly model(s) have the same results as the competitive model?
A) Cournot
B) Bertrand
C) Stackelberg
D) Both Cournot and Stackelberg
B
Economics
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The law of diminishing marginal utility is the reason for upward sloping supply curves
a. True b. False Indicate whether the statement is true or false
Economics
A simultaneous increase in both the demand for computers and the supply of computers must increase
a. the number of computers bought and sold. b. the price of computers. c. both the equilibrium price and quantity of computers. d. the shortage of computers in the market.
Economics