Question
the market demand curve for a pair of Cournot duopolists is given as: p = 56 - 20 , (q=q 1 +q 2 ) .
the market demand curve for a pair of Cournot duopolists is given as: p = 56 - 20 , (q=q 1 +q 2 ) . the constant per unit marginal cost is 20 for each duopolist 40) the Bertrand equilibrium quantity for each firm is?
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Introductory Econometrics A Modern Approach
Authors: Jeffrey M. Wooldridge
2nd Edition
0324113641, 9780324113648
