Question

The profits of the leader in a Stackelberg duopoly: a. are greater than those of the follower. b. equal those of the follower. c. are greater than those of a Sweezy oligopolist. d. are less than those of the follower.

Answer 1

A

Step-by-step explanation:

The profits of the leader in a Stackelberg duopoly are greater than those of the follower.