Beata Harvest
Thursday, August 11, 2011
Game theory question ??
Suppose that the market demand function is Q=20-P and each of two duopolists have constant marginal costs. Firm1 has marginal cost of 10 and Firm2 has marginal cost of 6. If Firm2 is a Cournot-duopolist, how much will that firm produce ?
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment