A Nash Equilibrium is reached in an oligopolistic market

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    when each firm is doing the best it can given what its competitors are doing.
     when each firm is doing the best it can given its market price and production technology.
     when each firm is doing the best it can regardless of what its competitors are doing.
     when each firm is doing the best it can based upon the competitive intelligence data it has gathered.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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when each firm is doing the best it can given what its competitors are doing.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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