Two firms that produce identical products in a situation of duopoly, both firms have the same marginal cost. Which of the following statements isnottrue:

a.

Under Bertrand competition, the equilibrium price will be at the same level as the equilibrium price under perfect competition

b.

Under Cournot competition, the equilibrium price is higher than the equilibrium price under Bertrand competition

c.

Under Cournot competition, the equilibrium price will be at the same level as the price under a monopoly

d.

The two firms will end up producing the same level of output

e.

Under Cournot competition, the equilibrium price will be between the competitive and monopoly level