Question: Please help with this question You have a quantity setting duopoly (oligopoly with two firms) with the following inverse market demand function: p(Y) = 50

Please help with this question You have a quantity setting duopoly

Please help with this question

You have a quantity setting duopoly (oligopoly with two firms) with the following inverse market demand function: p(Y) = 50 - Yr , where Y'r is simply the total production of two firms. Also assume that the following are the cost functions: Firm 1: 61 ()1) = MY Firm 2: C2 ()2) = 15y2 + yz Please find the Cournot-Nash equilibrium

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