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Two firms compete in a Stackelberg fashion. If firm 2 is the leader, then Question 9 options: firm 1 views the output of firm 2
Two firms compete in a Stackelberg fashion. If firm 2 is the leader, then Question 9 options: firm 1 views the output of firm 2 as given. firm 2 views the output of firm 1 as given. firm 1 views the output of firm 2 as given and firm 2 views the output of firm 1 as given. neither firm views the output of the other a
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