× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
L
4
d
4
3
k
3
k
3
j
3
k
3
b
3
f
3
b
3
d
3
h
3
New Topic  
Llanis Llanis
wrote...
Posts: 626
Rep: 0 0
6 years ago
One criticism of the Bertrand pricing model is that
A) the model is implausible when there is product differentiation.
B) when there is an oligopoly with no product differentiation, the model's prediction is inconsistent with reality.
C) the model's predicted price is solely a function of demand conditions.
D) the model's predicted price is dependent on the number of firms.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 102 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
B
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1074 People Browsing
 123 Signed Up Today
Related Images
  
 1380
  
 319
  
 136
Your Opinion
Do you believe in global warming?
Votes: 422