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pirex pirex
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7 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.
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Microeconomics

Microeconomics


Edition: 6th
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And if you call, I will answer
And if you fall, I'll pick you up
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ChronosChronos
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7 years ago
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pirex Author
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7 years ago
You make an excellent tutor!
kobbhy
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Yesterday
Smart ... Thanks!
loki1345
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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