What is the homogeneous-good duopoly Cournot equilibrium if the market demand function is Q=10,000-400p, and each...
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What is the homogeneous-good duopoly Cournot equilibrium if the market demand function is Q=10,000-400p, and each firm's marginal cost is $0.28 per unit? The Cournot-Nash equilibrium occurs where q₁ equals 3296 and q2 equals 3296 (Enter numeric responses us places.) Furthermore, the equilibrium occurs at a price of S (Round your answer to the nearest penny.) What is the homogeneous-good duopoly Cournot equilibrium if the market demand function is Q=10,000-400p, and each firm's marginal cost is $0.28 per unit? The Cournot-Nash equilibrium occurs where q₁ equals 3296 and q2 equals 3296 (Enter numeric responses us places.) Furthermore, the equilibrium occurs at a price of S (Round your answer to the nearest penny.)
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Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
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