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Other Fields Homework Help Economics Topic started by: Mairoon on Oct 19, 2017



Title: Two identical firms that share a market and produce a homogenous good will find the Bertrand ...
Post by: Mairoon on Oct 19, 2017
Two identical firms that share a market and produce a homogenous good will find the Bertrand Oligopoly LEAST attractive because
A) Cartels generate the highest joint profit.
B) a Cournot Oligopoly will generate more profit than a Bertrand Oligopoly.
C) they want to avoid a price war that leads to profit erosion and P=MC.
D) All of the above.


Title: Re: Two identical firms that share a market and produce a homogenous good will find the Bertrand ...
Post by: LBCea on Oct 19, 2017
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Title: Re: Two identical firms that share a market and produce a homogenous good will find the Bertrand ...
Post by: Mairoon on Aug 14, 2018
Great answer, great website