The market demand curve for a pair of duopolists is given, Ask an Expert

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The market demand curve for a pair of duopolists is given as P = 36 - 3 Q , where Q = Q 1 + Q 2. The constant per unit marginal cost is 18 for each duopolist. Find the cournot equilibrium price, quantity, reaction function, profit function, profit & show graphically the cournots Equilibrium.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M93065932

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