Pls help with below homework. Select the correct option and explain it in 5-6 sentences The inverse market demand in a duopoly is given p= 40 -(0, +Q) The total cont for fem 1 6 TC1=40, the co2 TC2 AQThe profits earned by the follower(firm2) in a Stackelberg model, equalsa. 12 = 40b. 12 = 80O C. 12 = 81O d. 12 = 162336e. 12 =2%3D

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The inverse market demand in a duopoly is given p= 40 -(0, +Q) The totai cont for fem 1 TC1-40, the con 2TC2 4Qs The profits earned by the follower(firm2) in a Stackelberg model, equals a. 12 = 40 b. 12 = 80 O C. 12 =81 O d. 12 = 162 %3D

The inverse market demand in a duopoly is given p= 40 -(0, +Q) The totai cont for fem 1 TC1-40, the con 2TC2 4Qs The profits earned by the follower(firm2) in a Stackelberg model, equals a. 12 = 40 b. 12 = 80 O C. 12 =81 O d. 12 = 162 %3D

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Pls help with below homework. Select the correct option and explain it in 5-6 sentences

The inverse market demand in a duopoly is given p= 40 -(0, +Q) The total cont for fem 1 6 TC1=40, the co
2 TC2 AQ
The profits earned by the follower(firm2) in a Stackelberg model, equals
a. 12 = 40
b. 12 = 80
O C. 12 = 81
O d. 12 = 162
336
e. 12 =2
%3D

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