Sahiry2061 Sahiry2061

08-05-2024
Business

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Consider global diamond production. DeBeers is the leading firm that sets diamond production, and smaller firms follow with their own levels of production. This example suggest that this market most closely follow:
a. Cournot oligopoly
b. Stackelberg oligopoly
c. Sweezy oligopoly
d. Bertrand oligopoly

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