Use ggplot
to plot pre- and post-merger demand, marginal cost and equilibria.
‘scale’ controls the amount above marginal cost and below equilbrium price that is plotted.
# S4 method for Bertrand
plot(x, scale = 0.1)
Used only in plot method. Should always be set equal to object.
The proportion below marginal cost and above equilbrium price that should be plotted. Default is .1.