A. The oligopolist believes that competitors will match output increase but not output reduction
B. The oligopolist believes that competitors will match price increase but not output reduction
C. The oligopolist believers that competitors will match price cuts but not price rises
D. The oligopolist believes that competitors will match price increase but not output increase
Correct Answer: The oligopolist believers that competitors will match price cuts but not price rises ✔
Last Updated: June 18, 2019