3.1 If firms produce identical products and have the same constant marginal cost explain why the Nash-
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3.1 If firms produce identical products and have the same constant marginal cost explain why the Nash-
Bertrand equilibrium price and market quantity are the same regardless of the number of firms.
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Managerial Economics And Strategy
ISBN: 9780135640944
2nd Global Edition
Authors: Jeffrey M. Perloff, James A. Brander
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