What real-world evidence would lead you to believe that firms were acting as Cournot oligopolists? Stackelberg...

What real-world evidence would lead you to believe that firms were acting as Cournot oligopolists? Stackelberg oligopolists? Bertrand oligopolists? Please give example of industries where these firms might exist.

Expert Solution

Rahul Sunny answered 1 hour ago

a) The owners of firms in the real world would generally expect (in the long run...

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