question archive The Stackelberg oligopoly model is different from the Cournot model in that _____
The Stackelberg oligopoly model is different from the Cournot model in that _____
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The Stackelberg oligopoly model is different from the Cournot model in that _____.
a. products are differentiated, not identical
b. there are three firms in the model, not just two.
c. one firm gets to choose output before the other firm
d. one firm is rational, while the other uses the maximin strategy
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