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Title: Assuming a homogeneous product, the Bertrand equilibrium price is
Post by: pirex on Oct 19, 2017
Assuming a homogeneous product, the Bertrand equilibrium price is
A) independent of the number of firms.
B) independent of the firm's marginal costs.
C) equal to the Cournot equilibrium price.
D) equal to the monopoly price.


Title: Re: Assuming a homogeneous product, the Bertrand equilibrium price is
Post by: LBCea on Oct 19, 2017
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