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The Bertrand rivalry, expects homogenous items and a steady minimal expense and players pick the prices.[16] The harmony of value contest is where the cost

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The Bertrand rivalry, expects homogenous items and a steady minimal expense and players pick the prices.[16] The harmony of value contest is where the cost is equivalent to peripheral expenses, accepting total data about the contenders expenses. Consequently, the organizations have a motivator to digress from the harmony in light of the fact that a homogenous item with a lower cost will acquire all of the piece of the pie, known as an expense advantage.[18]

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