Consider a Stackelberg duopoly with the following inverse demand function: P = 100 - 2Q1 - 2Q2. The firms' marginal cost are identical and given by MCi(Qi) = 2Qi. Based on this information the Stackelberg follower's reaction function is Group of answer choices QF = 24.5 - 0.25QL. QF = 49 - 0.25QF. QF = (50/3) - (1/3)QL. QF = 24.5 - QL.

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A: Referenceshttps://www.sciencedirect.com/science/article/pii/0022053187901098https://www.investopedia…

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