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Firm A has a higher marginal cost than firm B. They compete in a homogeneous product Bertrand duopoly. Which of the following results will NOT
Firm A has a higher marginal cost than firm B. They compete in a homogeneous product Bertrand duopoly. Which of the following results will NOT occur?
A. QA < QB
B. ProfitA < ProfitB
C. Revenue of firm A < Revenue of firm B
D. PriceA < PriceB
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