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dent/PlayerTest.aspx?testld=256221484¢erwin=yes X e - 80313 - ECON 7100 - M50 vamsi Krishna dachepalli 12/04/23 11:42 PM@ Question 5 of 9 This test: 100 point(s) possible

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dent/PlayerTest.aspx?testld=256221484¢erwin=yes X e - 80313 - ECON 7100 - M50 vamsi Krishna dachepalli 12/04/23 11:42 PM@ Question 5 of 9 This test: 100 point(s) possible This question: 10 point(s) possible Submit test The market demand function is Q = 10,000 - 1,000p. Each firm has a marginal cost of m = $0.04. Firm 1, the leader, acts before Firm 2, the follower. Solve for the Stackelberg-Nash equilibrium quantities, prices, and profits. The Stackelberg-Nash equilibrium quantities are 91 = units and 92 = units. (Enter your responses as whole numbers ) The Stackelberg-Nash equilibrium price is p= $|. (Enter your response rounded to two decimal places.) Profits for the firms are *1 = $ and *2 = $ . (Enter your responses rounded to two decimal places.)

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