When marginal cost is constant and zero, the interdependence between Cournot duopolists causes
A. prices and quantities to be the same as they would be in the monopoly case.
B. price to be 1/3 higher and quantity to be 1/3 lower than the corresponding values in the monopoly case.
C. price to be 1/3 lower and quantity to be 1/3 higher than the corresponding values in the monopoly case.
D. prices and quantities to be the same as they would be in the perfectly competitive case.
Answer: C
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