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(Solved): 1. explain how perfect discrimination compare against perfect competition in the industry with regar ...


1. explain how perfect discrimination compare against perfect competition in the industry with regards to efficiency. In an oligopolistic market with 2 firms where bertrand model explains the industry how do you think the efficiency is affected?



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The perfect competition refers to the market where many sellers are there in the market. Perfect competition is allocatively efficient. Under the perf
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