Consider a Market with (Inverse)demand P = 100 - 2Q

question 31

Essay

Consider a market with (inverse)demand p = 100 - 2Q.There are two firms in the market with constant marginal and average costs of $10.
a.Determine the Cournot equilibrium quantities and price
b.What would be the collusive (joint-profit maximizing)price and quantity?
c.Derive the deadweight loss from (i)Cournot Dupoly, (ii)Collusion,and (iii)Perfect competition in this market with the two firms.

---

Definitions:

Social Buzz

The widespread talk or attention a topic receives on social media platforms, often driven by public interest or notable events.

CSR Initiative

is a program or project undertaken by a company to improve society, the environment, and its relationship with stakeholders, embodying corporate social responsibility.

Trade Publication

A magazine or journal published for and read by members of a particular trade group, offering industry-specific news and analysis.

Environmental Blog

A blog focused on topics related to the environment, sustainability, and ecological conservation efforts.