Register

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

When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?
127k views
4 votes
When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?

User Abishek Thangaraj
by
8.4k points

1 Answer

2 votes

Answer:

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

User Mohan Narayanaswamy
by
7.8k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
Link Copied!