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Under which model of oligopoly are firms more likely to engage in a price war, driving down prices to marginal cost and resulting in no profit?

Under which model of oligopoly are firms more likely to engage in a price war, driving down prices to marginal cost and resulting in no profit?
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Under which model of oligopoly are firms more likely to engage in a price war, driving down prices to marginal cost and resulting in no profit?

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User AMother
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1 Answer

3 votes

Answer:

The price leardership model of oligopoly

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User SrAxi
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