Re: Cournot Oligopoly Questions!!!!

Posted by Sumit on May 25, 2013; 12:36pm
URL: http://discussion-forum.276.s1.nabble.com/Cournot-Oligopoly-Questions-tp7581233p7581237.html

Q2.Consider two firms. The demand faced by the two firms is Q1 = a – 2P1 + P2 and Q2 = a + P1 - 2P2. Assume zero marginal cost. Find the cournot equilibrium price, quantity and profit for both firms. What is the relationship between the commodities produced by two firms?