Firm a Has a Higher Marginal Cost Than Firm B

question 75

Multiple Choice

Firm A has a higher marginal cost than firm B. 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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