Question: 8 : 0 1 . ll LTE 2 2 File Details ( ECN 3 4 5 - 0 1 ) ( FA 2 4 )

8:01
.ll LTE
22
File Details
(ECN 345-01)(FA24) MICRO ECON...
Name:
Oligopoly Assignment
Two firms supply an industry with a demand curve of Q=200-5P and each firm has a constant marginal (and average) cost of $1. Please fill in the following chart and attach your work showing all steps for full marks.
\table[[Model,\table[[Each Firm's],[Output]],Price,\table[[Each Firm's],[Profit]],\table[[Consumer],[Surplus]]],[Collusion,,,,],[Cournot,,,,],[,,,,],[Bertrand,,,,]]
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8 : 0 1 . ll LTE 2 2 File Details ( ECN 3 4 5 - 0

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