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under the dominant-firm price leadership model, O all firms but the dominant firm are price takers. the dominant firm acts as the residual monopolistic supplier. the demand curve faced by the dominant firm is flatter than the market demand curve. all of the above are correct. 5. under the dominant-firm price leadership model, O all firms but the dominant firm are price takers. the dominant firm acts as the residual monopolistic supplier. the demand curve faced by the dominant firm is flatter than the market demand curve. all of the above are correct. 5.
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