MCQOPTIONS
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| 1. |
According to Stackelberg, where is the "Cournot Point" situated on the demand line of a firm |
| A. | When elasticity is unity |
| B. | When elasticity is less than unity |
| C. | When elasticity is more than unity |
| D. | Anywhere on the demand line |
| Answer» D. Anywhere on the demand line | |