Question
In the city of Utopia the weekly demand for computer software in Utopia is P= a - bQ. Where Q denotes the total quantity supplied
In the city of Utopia the weekly demand for computer software in Utopia is P= a - bQ.
Where Q denotes the total quantity supplied by Allnox and Avonx.
If TR=(1000-2Q)q(allnox) and MC= 400, solve for the Nash Equilibrium quantity. (you must include a graph)
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Basic Econometrics
Authors: Damodar N. Gujrati, Dawn C. Porter
5th edition
73375772, 73375779, 978-0073375779
