Question
firm 1 lead firm 2 follow p= 2000-4Q mc=20 for both what is produced by firm1 = how much by f2= their profits each are
firm 1 lead
firm 2 follow
p= 2000-4Q
mc=20 for both
what is produced by firm1 =
how much by f2=
their profits each are = ___ , _____
if ones profit is less than the MC what would mc have to be so that they have the same market share at market EQ?
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The Economics Of The Environment
Authors: Peter Berck, Gloria Helfand
1st Edition
978-0321321664, 0321321669
