Answer plzz... How would the Cournot equilibrium change in the airline example if American's marginal cost were $70 and United's were $140?The demand the duopoly quantity-setting firms face iswith an inverse demand function ofQ=339-pp=339-19A-1qu₁where qA is the quantity produced by American and qu is the quantity produced by United.The Cournot-Nash equilibrium occurs where q equals and qu equals (enter numeric responses using integers)

The optimum response function for each nation must first be derived before we can calculate the…

How would the Cournot equilibrium change in the airline example if American's marginal cost were $70 and United's were $140? The demand the duopoly quantity-setting firms face is with an inverse demand function of where qÅ is the quantity produced by American and qu is the quantity produced by United. The Cournot-Nash equilibrium occurs where qA equals Q=339-p p=339-19A-1qu and qu equals (enter numeric responses using integers)

How would the Cournot equilibrium change in the airline example if American's marginal cost were $70 and United's were $140? The demand the duopoly quantity-setting firms face is with an inverse demand function of where qÅ is the quantity produced by American and qu is the quantity produced by United. The Cournot-Nash equilibrium occurs where qA equals Q=339-p p=339-19A-1qu and qu equals (enter numeric responses using integers)

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

Section: Chapter Questions

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Answer plzz...

How would the Cournot equilibrium change in the airline example if American's marginal cost were $70 and United's were $140?
The demand the duopoly quantity-setting firms face is
with an inverse demand function of
Q=339-p
p=339-19A-1qu₁
where qA is the quantity produced by American and qu is the quantity produced by United.
The Cournot-Nash equilibrium occurs where q equals and qu equals (enter numeric responses using integers)

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