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Homework answers / question archive / Bertrand duopolists, Firm 1 and Firm 2, face inverse market demand and both have marginal costs, 

Bertrand duopolists, Firm 1 and Firm 2, face inverse market demand and both have marginal costs, 

Marketing

Bertrand duopolists, Firm 1 and Firm 2, face inverse market demand and both have marginal costs, . The equilibrium output this market has will be:

a.

b.

c.

d.

Option 1

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