Business

Business, 19.07.2019 11:00, natalieagustinlop54

If firms in an oligopolistic industry consistently cut their price to sell more output, what price and output will result? a. the competitive price and output b. the monopoly price and output c. the monopolistically competitive price and output d. a price lower than the competitive price and less output than the competitive amount e. a price lower than the competitive price and more output than the competitive amount

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