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If two identical firms with marginal cost 2 and demand curve P=50−4Q compete using the Cournot model, find price. a. 18. b. 1.94. c. 2.5. d. 4.167.
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If two identical firms with marginal cost 2 and demand curve P=50−4Q compete using the Cournot model, find price. a. 18. b. 1.94. c. 2.5. d. 4.167.
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Dec 26, 2024
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If two identical firms with marginal cost 2 and demand curve P=50−4Q compete using the Cournot model, find price. a. 18. b. 1.94. c. 2.5. d. 4.167.
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1.94 is the answer mark me as Brainliset
Doge
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