Business, 15.04.2020 22:15 tynyiaawrightt

In a Stackelberg oligopoly

A. the leader moves first, and the follower chooses its output in the second stage of the game.
B. both firms act simultaneously, but one chooses price and the other output level.
C. the leader moves first, and the follower chooses its price in the second stage of the game.
D. there is no Nash equilibrium.

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In a Stackelberg oligopoly

A. the leader moves first, and the follower chooses its outp...

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