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

User Abishek Thangaraj
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Answer:

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

User Mohan Narayanaswamy
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