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Assume all markets are in long-run equilibrium. Market price in a duopoly would be ________ the market price in a monopoly, and ________ the market price in a competitive market.

User Cevin
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Answer:

Assume all markets are in long-run equilibrium. Market price in a duopoly would be greater than or equal to the market price in a monopoly, and less than or equal to the market price in a competitive market.

Step-by-step explanation:

That is the logical answer to the question about markets that are in long-run equilibrium.

User Serhat Koroglu
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