Answer:
Option A: A firm will have chosen its best strategy, given the strategies chosen by other firms in the market.
Explanation:
Oligopoly Market os simply a type of Markets with only a few sellers, each offering a product similar or identical to the others. if and when, how oligopolists do not have the opportunity to collude, once they have reached the Nash equilibrium, it it is always in their best interest to leave their quantities supplied unchanged.
Oligopolists are always best off, in terms of their profits brings about a total quantity of output that falls short of the Nash-equilibrium total quantity.
