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Two identical companies that have a linear market demand curve. Suppose duopolists have the following market demand curve. P = 100 - Q, where Q

Two identical companies that have a linear market demand curve. Suppose duopolists have the following market demand curve. P = 100 - Q, where Q is the total production of both companies, that is, Q1 + Q2 = Q; in turn, both companies have a CMg = 15.

to. Determine the reaction curves for Firm 1 and Firm 2.

b. Determine the Cournot equilibrium.

c. Determine the equilibrium in a collusive market.

d. Determine equilibrium in a competitive market.

and. Determine the Stackelberg equilibrium.

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