Economy, asked by 555pravasini, 11 months ago

ci = 30Qi, where Qi for i = {A,B} is output produced by each firm.
market demand is given by
p= 210 - 1.5 Q, where Q = QA + QB
find out cournot equilibrium

Answers

Answered by xSahiBx

4

Answer:

The market demand is P=100-1.5Q, where Q=qa+qb and the firm's cost structure is such that MCa=ACa=20 and MCb=ACb=20. a) Solve for the Cournot reaction functions of each firm. b) Solve for the Cournot-Nash equilibrium. Calculate the quantity of each firm, the market price, and the profit of each firm.

Previous Question

Next Question

Similar questions

English, 5 months ago

shi baat h! ✨✨ aisa offer dena chahiye govt ko ..! hari bhari dharti ....xd!✌️✌️✌️ ...

Physics, 5 months ago

5. A source of light and screen are separated by a dis- tance of 50 cm. A sharp image of the source is pro- duced by lens when placed at two positions between the source and the screen. If the distance of separa- tions of the lens between the two positions is 20 cm, find the focal length of the lens.

Math, 5 months ago

A conical tent is 10m high and radius of iys base is 24cm find its volume and curved surface area ...

Math, 11 months ago

simplify 2²×3²÷2-²×3-¹...

Math, 11 months ago

$x + y = 5 \: and \: 2x { }^{2} = 3y - 2 \: then \: find \: the \: value \: of \: x \: and \: y$ ...

Math, 1 year ago

8v-3u=5uv 6v-5u=-2uv...

Math, 1 year ago

the marks obtained by student in mathematics test is 8 more than two third of x if x equal to 60 then the marks obtained by the student is...

Math, 1 year ago

If A:B=3:4 and B:C=4:5 then find A:B:C ...