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Question 2. [20 points] Consider Stackelberg's duopoly game in the case that the inverse demand function is defined by P(Q) = a - Q
Question 2. [20 points] Consider Stackelberg's duopoly game in the case that the inverse demand function is defined by P(Q) = a - Q for Q < a (and P(Q) = 0 if Q > a) and the cost function of firm i is C(q.) = ciq; with 0 < i
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
2nd edition
134167879, 134167872, 9780134168319 , 978-0134167879
