Model	Output by Firm	Industry Quantity	Profits By Firm	Industry Profits	Price
Cournot	QFirm1 = ?	Market output = ? units	Firm1 = ?	Industry Profits = ?
QFirm2 = ?	Firm2 = ?
Stackelberg	QLeader = ?	Market output = ? Units	Leader = ?	Industry Profits = ?
QFollower = ?	Follower = ?
Bertrand		Market output = ? Units		Industry Profits = ?
Collusion [Duopoly]	QFirm1 = ?	Market output = ? units	Firm1 = ?	Industry Profits = ?
QFirm2 = ?	Firm2 = ?

Two firms compete in a market to sell a homogeneous product with inverse demand

function P = 600 3Q. Each firm produces at a constant marginal cost of $300 and has no fixed costs. Use this information to compare the output levels and profits in settings characterized by Cournot, Stackelberg, Bertrand, and collusive behavior.

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