The diagram below that accompanies this question illustrates curves for a firm operating in a differentiated-product oligopoly. One of the demand curves is relevant when rivals match the firms price changes; the other demand curve is relevant when rivals do not match price changes. Sweezy Oligopoly Diagram Suppose the manager believes that rivals will match price cuts and will also match a price increase.

What is the profit maximizing quantity? Question 4 options: 45 20 80 62 Page 4 of 15