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pirex pirex
wrote...
Posts: 634
6 years ago
Suppose two Cournot duopolist firms operate at zero marginal cost. The market demand is p = a - bQ. Firm 1's best-response function is
A) q1 = (a – bq2)/2b.
B) q1 = (a - 2bq2)/2b.
C) q1 = a/b.
D) q1 = a/2b.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 129 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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Posts: 432
Rep: 0 0
6 years ago
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pirex Author
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6 years ago
Smart ... Thanks!
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This calls for a celebration Person Raising Both Hands in Celebration
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This helped my grade so much Perfect
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