The (Inverse)demand in a Cournot Duopoly Is P = a -

question 131

Essay

The (inverse)demand in a Cournot duopoly is P = a - b (Q₁ + Q₂),and costs are C₁(Q₁)= c₁Q₁ and C₂(Q₂)= c₂Q₂.
Show that the Cournot equilibrium levels of output are $$Q _ { 1 } = \frac { a + c _ { 2 } - 2 c _ { 1 } } { 3 b }$$ and $Q _ { 2 } = \frac { a + c _ { 1 } - 2 c _ { 2 } } { 3 b }$ .

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Definitions:

Transporter Proteins

Proteins that move molecules across cell membranes, regulating the passage of substances into and out of cells and within cellular compartments.

Reuptake

The process by which neurotransmitters are taken back into the synaptic vesicles of a neuron after they have been released into a synaptic cleft.

Chemical Synapses

Junctions through which neurons signal to each other or to non-neuronal cells, where neurotransmitters are released and bind to receptors.

Electrical Synapses

A type of synapse that allows direct transmission of electrical signals between neurons, facilitating faster communication than chemical synapses.