Firm a Has a Higher Marginal Cost Than Firm B's

question 14

Multiple Choice

Firm A has a higher marginal cost than firm B's.They compete in a homogeneous product Bertrand duopoly.Which of the following results will not occur?

• A)Q_A < Q_B
• B)Profit_A < Profit_B.
• C)Revenue of firm A < Revenue of firm B
• D)Price_A < Price_B.

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