X 0001001011000 0101011000111 R2R2 ECCR @ NCSU ________________________________________________ This work was funded by the National Institutes of Health.
Research
Chapter5
Price Competition
Cost Theory and Applications. Topics to be covered Relevant Cost Cost functions and cost elasticity Cost estimation Economies of Scope Learning Curve.
Price Competition Bertrand Model Assumptions Homogenous good both firms: C 1 = C 2 = $0 Consumers are willing to pay $10. The total number of consumers.
LYCCA : L und - Y ork - C ologne - CA lorimeter
Chapter 5
