9. according to the bertrand model, a firm will assume that rival firms will O keep...

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9. according to the bertrand model, a firm will assume that rival firms will O keep their rates of production constant. O keep their prices constant. O match price cuts but not price increases. O match price increases but not price cuts. 9. according to the bertrand model, a firm will assume that rival firms will O keep their rates of production constant. O keep their prices constant. O match price cuts but not price increases. O match price increases but not price cuts.

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Answer A Keep their rates of production constant Bertrand model us... View the full answer