A model of oligopoly in which one business sets output before the other business do is
A. Cournot oligopoly model
B. Bertrand oligopoly model
C. Stackelberg oligopoly model
D. Chamberlin oligopoly model
Answer:C
A model of oligopoly in which one business sets output before the other business do is
A. Cournot oligopoly model B. Bertrand oligopoly model C. Stackelberg oligopoly model D. Chamberlin oligopoly model