consider a Bertrand competition in which there are two firms producing a homogenous product. the market DD is D(p) = 200
Posted: Thu May 19, 2022 8:35 am
consider a Bertrand competition in which there are two firms producing a homogenous product. the market DD is D(p) = 200-P firms charge price in Indian rupees in multiples of 5. MC = 25 for both the firms. identify mash equilibrium for the game.