• 2022-06-14
    In a market with a dominant firm, it makes sense to assume that ( )。
    A: the fringe firms will set the industry price and the dominant firm will take that price as given.
    B: none of the above
    C: the dominant firm will set the industry price and the fringe firms will take that price as given.
    D: the dominant firm will set the industry price and the fringe firms will also make their price.
  • C
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