Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
tuggy tuggy
wrote...
Go to Answer
Posts: 864
Rep: 0 2
6 years ago
If firms in a duopoly with homogeneous products compete on price, a Nash equilibrium is reached when each firm charges a price ________.
A) equal to its average cost
B) higher than its average cost
C) equal to its marginal cost
D) lower than its marginal cost
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
Read 102 times
2 Replies
Replies
Answer verified by a subject expert
losteinlostein
wrote...
#1
Top Poster
Posts: 583
Rep: 31 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Only I can change my life. No one can do it for me.

Related Topics

tuggy Author
wrote...
#2
6 years ago
Thanks for helping on my microeconomics tutorial
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1252 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 527
  
 336
  
 31
Your Opinion
Previous poll results: Which country would you like to visit for its food?