A new firm successfully enters a three-firm Cournot oligopoly without changing the demand and cost structures. The
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Question:
A. 75 percent of the original price.
B. 50 percent of the original price.
C. the same as the original price.
D. unknown for lack of other information.
Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
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