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Bertrand Model

Cobb-Douglas Production Function
August 16, 2020
Isoquants & Producer’s Equilibrium
August 16, 2020
Cobb-Douglas Production Function
August 16, 2020
Isoquants & Producer’s Equilibrium
August 16, 2020

This presentation covers the following concepts:

  1. The Bertrand Model
  2. Assumptions of the Model
  3. Explanation with the help of diagram
  4. Stable Equilibrium
  5. Limitations

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