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Consider an oligopoly with five identical firms.If the residual demand elasticity is -10, what is the Lerner Index? Group of answer choices a) 0.1 b)
Consider an oligopoly with five identical firms.If the residual demand elasticity is -10, what is the Lerner Index?
Group of answer choices
a) 0.1
b) 0.02
c) 0.2
d) 0.5
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