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Stackelberg Duopolists,Firm 1 and Firm 2,face Inverse Market Demand

question 9

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Stackelberg duopolists,Firm 1 and Firm 2,face inverse market demand Stackelberg duopolists,Firm 1 and Firm 2,face inverse market demand   Both have marginal cost,   If the follower takes the leader's output as fixed at Q<sub>1</sub>,what is the equation of its reaction function? A)    B)    C)    D)    Both have marginal cost, Stackelberg duopolists,Firm 1 and Firm 2,face inverse market demand   Both have marginal cost,   If the follower takes the leader's output as fixed at Q<sub>1</sub>,what is the equation of its reaction function? A)    B)    C)    D)    If the follower takes the leader's output as fixed at Q1,what is the equation of its reaction function?


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