Question

The Nash equilibrium of the Cournot game in which two identical firms face market demand  P(Q) =300−3QP ( Q )  = 300 - 3 QP(Q) =300−3Q  and have costs  C(qi) =50qiC \left( q _ { i } \right)  = 50 q _ { i }C(qi​) =50qi​  is given by  q1∗=q2∗=q _ { 1 } ^ { * } = q _ { 2 } ^ { * } =q1∗​=q2∗​=

Accepted Answer

A)  50.0.
B)  41.7.
C)  31.5.
D)  27.8. E) All of the above
F) A) and B)

Exam 13: Imperfect Competition

The Nash equilibrium of the Cournot game in which two identical firms face market demand $P ( Q ) = 300 - 3 Q$ and have costs $C \left( q _ { i } \right) = 50 q _ { i }$ is given by $q _ { 1 } ^ { * } = q _ { 2 } ^ { * } =$

Correct Answer
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Exam 13: Imperfect Competition

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Correct Answer
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