If firms produce identical products and have the same constant marginal cost, explain why the nash-bertrand equilibrium price and market quantity are the same regardless of the number of firms. the nash-bertrand equilibrium is the same regardless of the number of firms because a. the elasticity of demand will determine the price markup over marginal cost. b. the consumers will always purchase from the firm with the lowest price. c. the equilibrium price will always be greater than marginal cost. d. the level of competition is less than at the price-taking equilibrium.

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve