Two firms producing homogeneous products. They choose prices simultaneously. This market and the two firms only exist

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Two firms producing homogeneous products. They choose prices simultaneously. This market and the two firms only exist for one period. Market demand: Q = 1000 Each firm has a constant marginal cost, MC = 0.28 What is Bertrand price and profit

Posted Date: Jun 13, 2024 01:23 PM

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Two firms producing homogeneous products. They choose prices simultaneously. This market and the two firms only exist

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