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In a Cournot duopoly, both firms face the market demand: P = 100 − QD, where P is price and QD is total quantity

demanded in the market. Firm 1's cost function is given by C1 = .8Q12and firm 2's cost function is given by C2 = 6Q2, where Q1 is firm 1's output and Q2 is firm 2's output. Derive firms' optimal reaction functions and calculate equilibrium quantities and price

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cournot.jpeg

Market demand P = 100 - 1b
2019
from 2 Call Funct` 5 = 69,
\Q D From I output
` - Firm : D + 4 pu'd
Peachist Function For From`
-
\TA =\100-2 + 0.1)0 . = 10:08 - 0, 0 - 7 .
Beaches - Function - To...

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