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Question 16 1 pts In a Cournot model of competition with two firms, suppose that each firm can choose only q = 0, 1, 2,
Question 16 1 pts In a Cournot model of competition with two firms, suppose that each firm can choose only q = 0, 1, 2, 3, or 4. Without knowing the expression of profit function, we can say that There must be at least one Nash equilibrium. O There must be a unique Nash equilibrium. O) There can be multiple Nash equilibrium. Nash equilibrium may not exist. None of above
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