Which oligopoly model(s) result in long-run oligopoly market equilibrium that is identical to a competitive market price/output

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Which oligopoly model(s) result in long-run oligopoly market equilibrium that is identical to a competitive market price/output solution?

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Managerial Economics

ISBN: 978-0324588866

12th edition

Authors: Mark Hirschey

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Question Posted: Feb 13, 2015 09:54 AM

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Which oligopoly model(s) result in long-run oligopoly market equilibrium that is identical to a competitive market price/output

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In markets where competitors produce identical products the Bertrand model and contestable markets t...View the full answer

Managerial Economics

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