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Using the following matrix, briefly explain the following three cases that an oligopolist may face. These are the following (questions 24-26): 24. Price Leadership25. The
Using the following matrix, briefly explain the following three cases that an oligopolist may face. These are the following (questions 24-26): 24. Price Leadership25. The case of the broken demand curve (as shown in the graph below)26. The policy of playing safe.
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