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Homework answers / question archive / In a Cournot duopoly, a residual demand curve: a

In a Cournot duopoly, a residual demand curve: a

Marketing

In a Cournot duopoly, a residual demand curve:

a. is the same as a marginal revenue curve when determining output in the Cournot model,

b. is the same as a market demand curve,

c. is steeper than the market demand curve,

d. represents the demand curve that one firm faces given the output choice of the other firm.

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