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When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?
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34 votes
When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?

User Gizzmole
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23 votes

Answer:

Less than the price charged by a monopoly and more than the price charged by a competitive market.

User Fujiao Liu
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