ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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There are two firms with the same cost function c(q)=c*q. The aggregate inverse demand is D(Q)=100-Q, where Q=q1+q2
Use the Stackelberg model , where firm 1 chooses first the quantity
Use Cournot model
What is the estimated deadweight loss of these two duopoly market?
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