dse 2004

Posted by seema on Mar 05, 2012; 4:50pm
URL: http://discussion-forum.276.s1.nabble.com/dse-2004-tp7345502.html

consider a cournot duopoly with inverse market demand p=1-q1-q2, where p is the market price and qi is firm i's output. Suppose firm 1's cost fn is C1= cq1, where c belongs to [0,3/4] and C2= q2/2

Q- suppose firm 1 takes over firm 2 to become a monopolist and c=2/3. The new monopolist firm will produce ?