Consider the market for nonalcoholic beers from the previous question.Which of the following is the Bertrand reaction function for Cudweiser?
A) PC = 1 + .033PB
B) PC = 1 - .033PB
C) PC = 1.5 + .075PB
D) PB = 1.5 + .075PC
Correct Answer:
Verified
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