At final equilibrium in cournot model, each firm sells:

A. 1/2 of the total market demand

B. 1/4 of the total market demand

C. 1/3 of the total market demand

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Each firm in cournot model starts selling:
  2. In Nash Equilibrium:
  3. In constant sum game (zero sum game), if there are two parties then:
  4. Labor Saving Technological Progress can be defined as:
  5. An economic model describing the working of an economy consists of:
  6. With an increase in income, consumer is expected to buy more of:
  7. When SAC curve rises, SMC curve lies its:
  8. The cost of firms in cournot model are:
  9. A demand curve is not related to:
  10. If production increases under constant returns to scale, the cost will:
  11. A firm enjoys maximum control over the price of its product under:
  12. If the factors have to be employed in a fixed ratio, then the elasticity of substitution under Leontief…
  13. Of the following, which one is a characteristic of monopolistic competition?
  14. The point where the supply and demand curves intersect on a graph determines:
  15. Total costs in the short-term (short-run) are classified into fixed costs and variable costs. Which…
  16. In short run, a firm can change its:
  17. The law of variable proportions comes into being when:
  18. In price leadership, like leader, the follower firm may:
  19. The study of economics just in theoretical way is called:
  20. Cross-elasticity of demand or cross-price elasticity between two perfect substitutes will be:
  21. Diseconomies of management lead to:
  22. In monopolistic competition, the individual demand curve is also known as:
  23. If a firm produces zero output in the short period then which statement is true?
  24. The vertical distance between TVC and TC is equal to:
  25. According to current thinking, the law of diminishing returns applies to:
  26. Utility is a function of:
  27. Economic laws are:
  28. In cournot model firms:
  29. According to M.Kalecki, the true measure of the degree of monopoly power is the:
  30. Moving along the indifference curve leaves the consumer: