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pirex pirex
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Posts: 634
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6 years ago
In a Bertrand model with identical firms and a non-differentiated product, price will increase in response to
A) an increase in the number of firms.
B) a decrease in the number of firms.
C) an increase in marginal cost.
D) a decrease in marginal cost.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 78 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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ChronosChronos
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#1
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6 years ago
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pirex Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kater28
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Yesterday
You make an excellent tutor!
mkyoungs
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2 hours ago
Helped a lot
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