If firms are in Cournot equilibrium:
A)Each firm could increase profits by unilaterally increasing output.
B)Each firm could increase profits by unilaterally decreasing output.
C)Firms could increase profits by jointly increasing output.
D)Firms could increase profits by jointly reducing output.

Question

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The Answer of If firms are in Cournot equilibrium:
A)Each firm could increase profits by unilaterally increasing output.
B)Each firm could increase profits by unilaterally decreasing output.
C)Firms could increase profits by jointly increasing output.
D)Firms could increase profits by jointly reducing output.

If Firms Are in Cournot Equilibrium