Savita Asked a Question
April 29, 2021 5:43 pmpts 30 pts
In a duopolistic market, the market demand function is QD = 150 -P but cost is nil. Under the equilibrium price and output for each firm shall be
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  • Reshma gupta thankyou
    this is a question of cournot,s duopoly model. Cournot’s model speculates that in a duopoly, each company receives price values on goods and services based on the quantity or avail...
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