Equilibium Output in a Cournot Duopoly
November 8th, 2022
2 identical firms (Cournot Duoploy) with a demand of P=100-2Q and a cost function of
C(Q)=4Q. What is the equilibrium output of each firm? Please show the work.
2 identical firms (Cournot Duoploy) with a demand of P=100-2Q and a cost function of
C(Q)=4Q. What is the equilibrium output of each firm? Please show the work.