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Title: Which one of the following statements is a common criticism of the original Bertrand duopoly ... Post by: nakungth on Oct 25, 2017 Which one of the following statements is a common criticism of the original Bertrand duopoly model?
A) Firms never choose optimal prices as strategic variables. B) Firms would more naturally choose quantities if goods are homogenous. C) The assumption that market share is split evenly between the firms is unrealistic. D) A and B are correct. E) B and C are correct. Title: Re: Which one of the following statements is a common criticism of the original Bertrand duopoly ... Post by: oracledarren on Oct 25, 2017 Content hidden
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