Question

. What happens to the homogeneous-good Bertrand equilibrium price
if the number of firms increases? Why?​

Answer 1

Answer:

hii

Explanation:

IT WON'T AFFECT THE EQUILIBRIUM PRICE, because In a homogenous goods bertrand equilibrium each firm will charge a price equal to marginal cost

P= MC and also number of firms is independent to BERTRAND EQUILIBRIUM PRICE....

MARK IT AS BRAINLIEST