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When N firms (N: number of firms) compete by choosing quantities (cournot), the mark-up over marginal cost (P-MC) is: Group of answer choices increasing as
When N firms (N: number of firms) compete by choosing quantities (cournot), the mark-up over marginal cost (P-MC) is: Group of answer choices increasing as demand becomes more elastic. decreasing in N increasing in N
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Microeconomics A Contemporary Introduction
Authors: William A. McEachern
9th edition
978-0538453714, 538453710, 978-1111415921
