Oligopoly  Consider a market in which the market demand curve is given by P = 18 - Q, Firm 1 has a marginal cost of 3, while Firm 2 has a marginal cost of 6. Find the Cournot equilibrium output. What are the Stackelberg equilibrium output if firm 1 act as the leader?

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Oligopoly 

Consider a market in which the market demand curve is given by P
= 18 - Q, Firm 1 has a marginal cost of 3, while Firm 2 has a
marginal cost of 6.

Find the Cournot equilibrium output. What are
the Stackelberg equilibrium output if firm 1 act as the leader?

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