Which is true of output-choice models of oligopoly behavior?
a. the stackelberg, but not the cournot, model can be constructed as a sequential game.
b. the cournot, but not the stackelberg, model can be constructed as a sequential game.
c. neither the cournot nor the stackelberg model can be constructed as a sequential game, but other output-choice models can be.
d. both the stackelberg and cournot models can be constructed as sequential games.
e. there is no relationship between any output-choice model and sequential games
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Which is true of output-choice models of oligopoly behavior?
a. the stackelberg, but n...
a. the stackelberg, but n...
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