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It an oligopolistic firm attempts to increase its price: competitors will match its increased price. it faces an inelastic demand curve. it faces an elastic
It an oligopolistic firm attempts to increase its price:
competitors will match its increased price.
it faces an inelastic demand curve.
it faces an elastic demand curve.
total revenue will increase.
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Applied Econometric Time Series
Authors: Walter Enders
4th Edition
1118808568, 9781118808566
