Econ 483_Lecture 8_Process innovation_Bertrand

Prots are realized lecture 8 bertrand competition

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Unformatted text preview: in the product market. Pro…ts are realized. Lecture 8: Bertrand competition, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c A ll rights reserved. Required readings Church & Ware’ textbook; s sub-sections: 8.3.1, 8.3.2, chapter 15; pages 529-531 Lecture 8: Bertrand competition, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c A ll rights reserved....
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