Consider the Cournot duopoly With linear inverse demand function P : a Q Where P is the market price and Q = q1 | (12
Consider the Cournot duopoly With linear inverse demand function P : a Q Where P is the market price and Q = q1 | (12 is the total quantity supplied. Two rms have asymmetric constant marginal costs: 01/ for rm 1 and 02 for rm 2. What is the Nash equilibrium if 0 al cl? (3 points)
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