Suppose the Market Demand Curve Is Given By $P = 100 - 2 Q$

question 22

Multiple Choice

Suppose the market demand curve is given by $P = 100 - 2 Q$ . If one Cournot duopolist produces $Q _ { 1 } = 10$ , the residual demand curve faced by the other Cournot duopolist is:

• A) \(P = 90 - 2 Q _ { 2 }\).
• B) \(P = 80 - 2 Q _ { 2 }\).
• C) \(Q _ { 2 } = 80 - P\).
• D) \(Q _ { 2 } = 80 - 2 P\).

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