Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

An oligopolist has a marginal revenue curve that jumps down at 500 units of outp

ID: 1098926 • Letter: A

Question

An oligopolist has a marginal revenue curve that jumps down at 500 units of output. What kind of oligopoly does the firm most likely belong to? Select one: a. Sweezy. b. Stackelberg. c. Bertrand. d. Cournot. An oligopolist has a marginal revenue curve that jumps down at 500 units of output. What kind of oligopoly does the firm most likely belong to? Select one: a. Sweezy. b. Stackelberg. c. Bertrand. d. Cournot. Select one: a. Sweezy. b. Stackelberg. c. Bertrand. d. Cournot. a. Sweezy. b. Stackelberg. c. Bertrand. d. Cournot.

Explanation / Answer

a. Sweezy.