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Homework answers / question archive / In a Cournot oligopoly with N-number of firms and identical marginal costs, if the number of firms decreases because firms exit, the markup of price over cost will _____

In a Cournot oligopoly with N-number of firms and identical marginal costs, if the number of firms decreases because firms exit, the markup of price over cost will _____

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In a Cournot oligopoly with N-number of firms and identical marginal costs, if the number of firms decreases because firms exit, the markup of price over cost will _____.

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