According to the Bertrand model, a firm will assume that rival firms will :

Question

a. keep their rates of production constant.

b. keep their prices constant.

c. match price cuts but not price increases.

d. match price increases but not price cuts.

Deleted user · Answer

Option ----------------------- B

Georges Aref Chaoul · Answer

(B) Thank You.

mohamed Sami amer · Answer

b. keep their prices constant

Kader Hasan Maraicar · Answer

B.

all the firms will set the same prices, p1 = p2 = p, and that it will be equal to the marginal

cost, in other words, the perfectly competitive outcome

Ahmed Mohamed Ayesh Sarkhi · Answer

I Will Choose Option " B "

mohamed badawy · Answer

I choose option b ....................................................................................................

Nasir Hussain · Answer

b. keep their prices constant.. .............................................................................

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is also option (B)

khaled elkholy · Answer

b. keep their prices constant. 
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Khaled Anwar · Answer

The answer is : Option ( B )

Salvatore Augello · Answer

answer B _________________________________