Economy, asked by nivedithaanil6573, 10 months ago

Difference between cournot and stackelberg models

Answers

Answered by ItzModel

Explanation:

The aggregate Stackelberg output is greater than the aggregate Cournot output, but less than the aggregate Bertrand output. The Stackelberg price is lower than the Cournot price, but greater than the Bertrand price.

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