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23 Apr 2021
Firm A and Firm B are duopolists. Firm A has constant marginal cost of 5 and annual fixed cost of 6. Firm B has constant marginal cost of 3 and annual fixed cost of 6. Annual demand is given by Q = 15 – p/2. Firm A is the leader and Firm B is the follower. Find the Stackelberg equilibrium and the corresponding annual profits.
Firm A and Firm B are duopolists. Firm A has constant marginal cost of 5 and annual fixed cost of 6. Firm B has constant marginal cost of 3 and annual fixed cost of 6. Annual demand is given by Q = 15 – p/2. Firm A is the leader and Firm B is the follower. Find the Stackelberg equilibrium and the corresponding annual profits.
24 Dec 2022
Sonal BahlLv10
23 Apr 2021
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