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When firm 1 enjoys a first-mover advantage in a Stackelberg duopoly, it will produce Question 8 options: more output and charge a lower price than
When firm 1 enjoys a first-mover advantage in a Stackelberg duopoly, it will produce Question 8 options: more output and charge a lower price than firm 2. more output and charge the same price as firm 2. less output and charge the same price as firm 2. less output and charge a higher price than firm 2
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