Two firms compete with another ala Bertrand over the same homogenous goods. The game is one-shot, there are no capacity constraints, and the two firms make simultaneous choices. The marginal cost of production for each firm is c > 0. In words, briefly describe the equilibrium prices and profits predicted by the Bertrand model for each firm.How realistic is your Bertrand model prediction from question 4 above? Describe one of the three most important reasons (discussed above] why the theoretical predictions from the Bertrand model described in question four above mat},r not hold in real-world markets