#42 Bertrand duopoly Model by Hardev Thakur

#42 Bertrand duopoly Model by Hardev Thakur
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In this video, We have talked about what is oligopoly market. we also discussed why there is no demand curve for oligopoly and also discussed how two firms come on equilibrium in Bertrand's duopoly model. We also compared the equilibrium of Bertrand's duopoly model with Cournot equilibrium and perfect Competition Equilibrium.
Thank you for Watching.
Have a wonderful Life ahead.
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Monopolistic firm
Class 11 economics
Class 12 economics
Economics for UGC net
types of market
perfect competition
monopoly
oligopoly
Bertrand duopoly model
monopolistic firm
forms of market
equilibrium in firm
Cournot's duopoly model
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