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Explain where industry profits are maximized in the figure below: Problem 13. What real-world evidence would lead you to believe that firms were

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Explain where industry profits are maximized in the figure below: Problem 13. What real-world evidence would lead you to believe that firms were acting as Cournot oligopolists? Stackelberg oligopolists? Bertrand oligopolists?
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Explain where industry profits are maximized in the figure below: Industry profits will be maximized when the two firms form a cartel, i.e. they jointly
maximizes the profit. In this case, the...

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