What is the revenue destruction effect? As the number of Cournot competitors in a market increases, the

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What is the "revenue destruction effect"? As the number of Cournot competitors in a market increases, the price generally falls. What does this have to do with the revenue destruction effect? Smaller firms often have greater incentives to reduce prices than do larger firms. What does this have to do with the revenue destruction effect?
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Economics of Strategy

ISBN: 978-1118319185

6th edition

Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer

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