Under what conditions are cournot and bertrand equilibria
Under what conditions are cournot and bertrand equilibria the same? You may assume the market demand is p = a ? bQ. Consider when firms are identical and different. If not, please explain why.
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in the market of identical firms the market demand function is q1000-1000p the marginal cost is the same for all firms
under what conditions are cournot and bertrand equilibria the same you may assume the market demand is p a bq
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