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Please refer to the attachment. 200- B's best response 100- d 66.7- b A's best response 50+ a 50 100 AB 200 66.7 1) The

Please refer to the attachment.

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200- B's best response 100- d 66.7- b A's best response 50+ a 50 100 AB 200 66.7 1) The above figure shows the reaction functions for two pizza shops in a small isolated town. A. Identify the Cournot equilibrium point. B. What is the level of output that will be produced in collusion? C. What output will correspond to a perfect competitive outcome? D. Explain if Firm B producing 100 pizzas and firm A producing 50 pizzas will correspond to a Cournot equilibrium

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