Rekocorleone2013 Rekocorleone2013

29-05-2024
Business

Answered

Assuming a homogeneous product, the Bertrand duopoly equilibrium price is

A.greater than the Cournot equilibrium price.
B.less than the Cournot equilibrium price.
C.equal to the monopoly price.
D.the same as the Cournot equilibrium price.

Answer :

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