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Consider a market consisting of two firms where the inverse
demand curve is given by P = 500 − 2Q1 − 2Q2. Each firm has a
marginal cost of $50. Based on this information, we can conclude
that aggregate quantity in the different equilibrium oligopoly
models will follow which of the following orderings?

a QCollusion < QCournot < QStackelberg < QBertrand

b QBertrand < QCollusion < QCournot < QStackelberg

c QBertrand < QStackelberg < QCournot < QCollusion

d QCollusion < QStackelberg < QCournot < QBertrand

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