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For a sequential Bertrand duopoly with differentiated products: Initially firm 1 chooses price then firm 2. After firm 1 sees firm 2s price they readjust.

For a sequential Bertrand duopoly with differentiated products: Initially firm 1 chooses price then firm 2. After firm 1 sees firm 2"s price they readjust.

When I attempted to readjust the price, I ended up with the same price. Can firm 1 really readjust their price?

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