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Two firms compete as a Stackelberg duopoly.The demand they face is P = 100 − 3Q.The cost function for each firm is C(Q) = 4Q.The outputs of the two firms are:
Brand New
Something that is completely new and has not been used or seen before.
Financial Budgets
Detailed forecasts of an organization's income, expenditures, and capital for a set period, guiding fiscal planning and control.
Cash Flows
The total amount of money being transferred into and out of a business, especially affecting liquidity.
Expenditures
Money spent by an organization or individual for goods, services, or other purposes.
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