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Consider the Market for Nonalcoholic Beers from the Previous Question

Question 21

Multiple Choice

Consider the market for nonalcoholic beers from the previous question. Cudweisers' price in a Nash equilibrium (assuming Bertrand competition in these differentiated beers) is about


A) 0.99
B) 1.09
C) 1.71
D) 2.55

Correct Answer:

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