Which of the following is not a characteristic of a perfect Bertrand market?
A. price, cost, and quality information is equally distributed
B. a nearly infinite set of suppliers compete against one and other
C. customers have access to all relevant information worldwide
D. the growth of regulatory activity both nationally and internationally
Answer:D
Which of the following is not a characteristic of a perfect Bertrand market?
A. price, cost, and quality information is equally distributed B. a nearly infinite set of suppliers compete against one and other C. customers have access to all relevant information worldwide D. the growth of regulatory activity both nationally and internationally