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How do you find firm profits, equilibrium firm output, market price and number of firms(under free entry) for a Cournot-Nash equilibrium with n-firm oligopoly. inverse market demand=P(Q)=a-Q/s
Identical Cost function for all firms C(qi)=f+cqi
f=fixed costs
s= market size

Microeconomics, Economics

  • Category:- Microeconomics
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