Friday

April 25, 2014

April 25, 2014

Posted by **jenny** on Sunday, September 7, 2008 at 11:01pm.

(a)Write down the Bertrand equilibrium prices for this market.

(b)Calculate the industry output.

(c)Solve for the Cournot and Stackelberg equilibrium outputs, and compare to the Bertrand equilibrium.

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