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Llanis Llanis
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7 years ago
Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms,A and B. Each has a cost function TC = 2 + Q. Determine the equilibrium quantities of each if firm A is the Stackelberg leader.
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Microeconomics

Microeconomics


Edition: 6th
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TecShdwTecShdw
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