Question: Consider a Cournot duopoly with the following inverse demand function: P = 2 0 0 - 2 Q 1 - 2 Q 2 . The
Consider a Cournot duopoly with the following inverse demand function: The firms' marginal costs are identical and are given by Based on this information, firm and s reaction functions are
A and
B and
C and
D and
Consider a Stackelberg duopoly with the following inverse demand function: The firms' marginal costs are identical and are given by Based on this information, the Stackelberg follower's reaction function is
A
B
C
D
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