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In the Bertrand model, firms Group of answer choices choose price simultaneously, and assume their rivals maintain their current price. choose price sequentially, and assume

In the Bertrand model, firms Group of answer choices choose price simultaneously, and assume their rivals maintain their current price. choose price sequentially, and assume their rivals maintain their current price. choose quantity simultaneously, and assume their rivals maintain their current quantity. choose quantity sequentially, and assume their rivals maintain their current quantity

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