Consider two firms that each sell the same tomatoes. The marginal costs of producing a tomato is zero. Suppose firms are

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Consider two firms that each sell the same tomatoes. The marginal costs of producing a tomato is zero. Suppose firms are

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Consider two firms that each sell the same tomatoes. Themarginal costs of producing a tomato is zero. Suppose firms are induopolistic competition (do not cooperate) and each firm wants tomaximize individual profits.
What do firms prefer?
Question 7 options:
Cournot Competition
Bertrand Competition
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