Cournot - 50 45 40 35 30 25 20 6 60 54 48 42 36 30 24 18 7...

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Cournot Competition Demand p = 20 - 1 q mc 4 Firm 2 0 1 2 3 4 5 6 7 8 9 10 0 0, 0 0, 15 0, 28 0, 39 0, 48 0, 55 0, 60 0, 63 0, 64 0, 63 0, 60 1 15, 0 14, 14 13, 26 12, 36 11, 44 10, 50 9, 54 8, 56 7, 56 6, 54 5, 50 2 28, 0 26, 13 24, 24 22, 33 20, 40 18, 45 16, 48 14, 49 12, 48 10, 45 8, 40 3 39, 0 36, 12 33, 22 30, 30 27, 36 24, 40 21, 42 18, 42 15, 40 12, 36 9, 30 4 48, 0 44, 11 40, 20 36, 27 32, 32 28, 35 24, 36 20, 35 16, 32 12, 27 8, 20 Firm 1 5 55, 0 50, 10 45, 18 40, 24 35, 28 30, 30 25, 30 20, 28 15, 24 10, 18 5, 10 6 60, 0 54, 9 48, 16 42, 21 36, 24 30, 25 24, 24 18, 21 12, 16 6, 9 0, 0 7 63, 0 56, 8 49, 14 42, 18 35, 20 28, 20 21, 18 14, 14 7, 8 0, 0 -7, -10 8 64, 0 56, 7 48, 12 40, 15 32, 16 24, 15 16, 12 8, 7 0, 0 -8, -9 -16, -20 9 63, 0 54, 6 45, 10 36, 12 27, 12 18, 10 9, 6 0, 0 -9, -8 -18, -18 -27, -30 10 60, 0 50, 5 40, 8 30, 9 20, 8 10, 5 0, 0 -10, -7 -20, -16 -30, -27 -40, -40
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1's profits Firm 2 0 1 2 3 4 5 6 7 0 0 0 0 0 0 0 0 0 1 15 14 13 12 11 10 9 8 2 28 26 24 22 20 18 16 14 3 39 36 33 30 27 24 21 18 4 48 44 40 36 32 28 24 20 Firm 1 5 55
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Unformatted text preview: 50 45 40 35 30 25 20 6 60 54 48 42 36 30 24 18 7 63 56 49 42 35 28 21 14 8 64 56 48 40 32 24 16 8 9 63 54 45 36 27 18 9 10 60 50 40 30 20 10-10 8 9 10 7 6 5 12 10 8 15 12 9 16 12 8 15 10 5 12 6 7-7-8-16-9-18-27-20-30-40 2's profits Firm 2 1 2 3 4 5 6 7 15 28 39 48 55 60 63 1 14 26 36 44 50 54 56 2 13 24 33 40 45 48 49 3 12 22 30 36 40 42 42 4 11 20 27 32 35 36 35 Firm 1 5 10 18 24 28 30 30 28 6 9 16 21 24 25 24 21 7 8 14 18 20 20 18 14 8 7 12 15 16 15 12 7 9 6 10 12 12 10 6 10 5 8 9 8 5-7 8 9 10 64 63 60 56 54 50 48 45 40 40 36 30 32 27 20 24 18 10 16 9 8-10-9-20-8-18-30-16-27-40...
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Cournot - 50 45 40 35 30 25 20 6 60 54 48 42 36 30 24 18 7...

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