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[Solved]: The Bertrand model of oligopoly reveals that a.
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(Solved): The Bertrand model of oligopoly reveals that a. capacity constraints are not important in determin ...



The Bertrand model of oligopoly reveals that a. capacity constraints are not important in determining market performance. b. perfectly competitive prices can arise in markets with only a few firms. c. all of the provided statements are true. d. changes in marginal cost do not affect prices.



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