Question: In a Cournot oligopoly, a decrease in a firm's marginal cost: A. leads to reduced output and a higher price B. leads to reduced output

In a Cournot oligopoly, a decrease in a firm's marginal cost:

A. leads to reduced output and a higher price

B. leads to reduced output and a lower price

C. leads to higher output and a higher price

D. leads to higher output and a lower price

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