==+the Stackelberg model to analyze what will happen if one of the firms makes its output decision

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==+the Stackelberg model to analyze what will happen if one of the firms makes its output decision before the other

a. Suppose Firm 1 is the Stackelberg leader (i.e.,

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Microeconomics

ISBN: 9780134184241

9th Edition

Authors: Robert Pindyck, Daniel Rubinfeld

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