In the Cournot model, if the products are differentiated,

A) this reduces the pressure of one firm's decisions on the other.
B) this increases the pressure of one firm's decisions on the other.
C) there is no difference between this model and one with homogeneous goods.
D) marginal costs are necessarily different.


A

Economics

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This chapter has spent a lot of time dealing with issues of wealth and consumption. One suggestion has been to have a tax on wealth. What are some of the benefits of this proposal?

What will be an ideal response?

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What will be an ideal response?

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One problem that might occur as a result of economic regulation is

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