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Suppose there is a duopoly of gas companies, Energy X and Energy Y. The following is the market demand for gas. There are no marginal or fixed cost. Consider that Energy X and Energy Y have a collusion
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Suppose there is a duopoly of gas companies, Energy X and Energy Y. The following is the market demand for gas. There are no marginal or fixed cost. Consider that Energy X and Energy Y have a collusion to produce the same quantity. If Energy X broke the collusion and Energy Y finds out about it, what will be price when the two companies reach a Nash Equilibrium? $20 $15 $30 $25

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