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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 profits in the different equilibrium oligopoly
models will follow which of the following orderings?

A πCollusion > πStackelberg > πCournot > πBertand

B None of the answers is correct.

CπCollusion > πCournot > πStackelberg > πBertand

D πBertand > πCollusion > πStackelberg > πCournot