Exercise 6.6. Consider a duopoly in which companies compete according to Cournot's model. The inverse market demand curv
Posted: Thu May 19, 2022 8:34 am
Exercise 6.6.
Consider a duopoly in which companies compete according to
Cournot's model. The inverse market demand curve is:
P(Q)=100-Q , where Q=Q1+Q2
and the average and marginal costs of firms are constant and equal
to 40.
Graphically show and comment on all results.
Consider a duopoly in which companies compete according to
Cournot's model. The inverse market demand curve is:
P(Q)=100-Q , where Q=Q1+Q2
and the average and marginal costs of firms are constant and equal
to 40.
Graphically show and comment on all results.