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Solve the following microeconomics exercises (please include graphs and detailed explanations with all the mathematical operations that were used ) This is all the info
Solve the following microeconomics exercises (please include graphs and detailed explanations with all the mathematical operations that were used ) This is all the info that was proportioned.
duopoly
Total cost: Q^2+2Q+4
Demand eq:100-6P
Determine:
a) Cournot's equilibrium
b) collusion case
c) in what case Eq1 breaks the balance
d) stackelberg equilibrium
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