A market is characterised by an inverse demand curve p= 6-2Q where Qis total quantity. Two frms, A and 8, are competing à la Cournot and TCA(qA) = 2q1and TCe(ge) = q W Firms profits are equal to: o (a) T = and = O (D) = and ae = O () T = H and - O (0) - 1 and wi - 1 %3!

ENGR.ECONOMIC ANALYSIS
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Industrial Economics
A market is characterised by an inverse demand curve p 6- 20 where Qis total quantity. Two firms, A and 8, are competing à la Cournot and
TCA(gA) = 29, and TCe(ge) = q W Firms' profits are equal to:
o a) mA = and a =
(b) = and ন =
O () T = and T-
O (6) = 1 and - 4
Successivo
Transcribed Image Text:Industrial Economics A market is characterised by an inverse demand curve p 6- 20 where Qis total quantity. Two firms, A and 8, are competing à la Cournot and TCA(gA) = 29, and TCe(ge) = q W Firms' profits are equal to: o a) mA = and a = (b) = and ন = O () T = and T- O (6) = 1 and - 4 Successivo
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