Posted by **Chris** on Tuesday, March 20, 2012 at 11:10pm.

Two identical firms compete as a Cournot duopoly. The demand they face is P = 100 - 2Q. The cost function for each firm is C(Q) = 4Q. The equilibrium output of each firm is:

A. 8

B. 16

C. 32

D. 36

- Economics -
**doh**, Friday, November 23, 2012 at 7:45am
16

## Answer this Question

## Related Questions

- Economics - Two firms produce the same good and compete against each other in a ...
- managerial economicsQ4 - Consider a Cournot duopoly, composed of firms A & B ¡V ...
- Economics - Two firms compete as a Stackelberg duopoly. The inverse market ...
- managerial economics - Suppose the inverse market demand equation is P = 80 ¡V 4...
- Microeconomics - ok so i must have not payed attention in class when we talked ...
- Economics - There are 10 identical consumers whose demand is D: p = 20 - 10q. ...
- managerial economicsQ3 - Suppose the inverse market demand equation is P = 80 ¡V...
- Economics - An industry has only two firms producing outputs y1 and y2, ...
- Economics - An industry has only two firms producing outputs y1 and y2, ...
- managerial economics - Suppose the inverse market demand equation is P = 80 ¡V 4...

More Related Questions