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The Cournot duopoly outcome shows that: Group of answer choices Cournot firms have more market power than firms in perfect competition but less market power
The Cournot duopoly outcome shows that: Group of answer choices Cournot firms have more market power than firms in perfect competition but less market power than two firms that jointly maximize profits. Cournot firms have more market power than firms in perfect competition, but the same market power as two firms that jointly maximize profits. Cournot firms have more market power than two firms that jointly maximize profits but less market power than firms in perfect competition. Cournot firms have less market power than two firms that jointly maximize profits and firms in perfect competition
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