Suppose a bertrand oligopoly market structure consists of 8
Suppose a Bertrand oligopoly market structure consists of 8 firms and their TC = 45,000=200Q and Q=150-P/4.
a. find the equilibrium level of output
b. determine the equilibrium market price
c. determine the profits for each firm.
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suppose a bertrand oligopoly market structure consists of 8 firms and their tc 45000200q and q150-p4a find the
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