Re: Cournot Oligopoly Questions!!!!

Posted by duck on May 28, 2013; 11:53pm
URL: http://discussion-forum.276.s1.nabble.com/Cournot-Oligopoly-Questions-tp7581233p7581419.html

Hey Sumit.. :)
In such strange looking cost functions,just minimise the average cost. You'll get what each firm would like to supply. Multiply it with "N" to get the Market supply. And as we need to find long run competitive equilibirum, we need to make sure that each firm gets exactly zero profit.
So, equate profit of  firm to zero. You'll get number of firms.