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The Bertrand model is a model in which ---------------------. two firms produce an identical good and make pricing decisions sequentially two firms produce an identical
The Bertrand model is a model in which ---------------------. two firms produce an identical good and make pricing decisions sequentially two firms produce an identical good and make pricing decisions at the same time two firms produce a differentiated good and make pricing decisions at the same time two firms produce an identical good and make production decisions at the same time
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