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In a duopoly, each firm faces: A.a more elastic demand curve if it raises its price. B.a more elastic demand curve if it lowers its

  • In a duopoly, each firm faces:
  • A.a more elastic demand curve if it raises its price.
  • B.a more elastic demand curve if it lowers its price.
  • C.a perfectly elastic demand curve.
  • D.a perfectly inelastic demand curved.

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