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Mairoon Mairoon
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6 years ago
In a Bertrand model with differentiated products,
A) firms can set price above marginal cost.
B) firms set price at marginal cost.
C) price is independent of marginal cost.
D) firms set price independently of one another.
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Microeconomics

Microeconomics


Edition: 6th
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TecShdwTecShdw
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6 years ago
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Mairoon Author
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5 years ago
Thanks to all of you, I passed my course
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