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In a Bertrand model with identical products, Question 21 options: A) price is the same as in a competitive market equilibrium. B) price and quantity

In a Bertrand model with identical products, Question 21 options: A) price is the same as in a competitive market equilibrium. B) price and quantity are the same as in a monopoly. C) price and quantity are the same as in a duopoly. D) None of these

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