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Please solve A9 Take the Bertrand model of duopoly where firms simultaneously announce the price at which they will sell an identical product. (a) Given

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A9 Take the Bertrand model of duopoly where firms simultaneously announce the price at which they will sell an identical product. (a) Given that the firms' constant marginal costs are ki and demur k2 respectively, illustrate the firms' best response curves on a graph and determine the Nash To love equilibrium for the case where k1 > k2. (b) Do any of the firms make positive profits? Explain your

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