Rather than NAS limitations, auditor dos and the representative render NAS from the prices because they do undifferentiated Bertrand race

Rather than NAS limitations, auditor dos and the representative render NAS from the prices because they do undifferentiated Bertrand race

Corollary step 1

Lemma step one means, missing NAS restrictions, the new NAS business will not relate to the fresh new audit business.18 18 Keep in mind that introducing has actually modeled somewhere else, such as for instance liberty dangers otherwise training spillovers, manage crack so it versatility. Continue reading “Rather than NAS limitations, auditor dos and the representative render NAS from the prices because they do undifferentiated Bertrand race”