Cournot Duopoly Model with no costs. Suppose the following linear demand curve in the market: pY

Cournot Duopoly Model with no costs. Suppose the following linear demand curve in the market: pðYÞ ¼ 20

a. Build a set of isoprofit curves for each duopolist and visualize them in a chart.

b. Visualize the reaction curves and calculate the market equilibrium quantity Y ¼ Y A þ Y B and the equilibrium price p*.