Explain the difference between monopoly duopoly and
a) Explain the difference between monopoly, duopoly, and oligopoly.
b) What does a "kinked demand curve" mean?
c) What is a reaction function?
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a explain the difference between monopoly duopoly and oligopolyb what does a kinked demand curve meanc what is a
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1 a popular model to analyze duopolies with is the cournot model a which are the assumptions behind the cournot
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