Figure 13-1 shows the Stackelberg model of a duopoly.Both firms face constant marginal costs equal to OJ and the market demand curve is AD.The Stackelberg firm produces an output of OF and OF is equal to FL. 
-Refer to Figure 13-1.The difference between the total industry output produced under a perfect competition model and a Stackelberg model is represented by the distance _____.
Definitions:
Activity Measure
A metric or index used to gauge the extent or level of activity undertaken in a particular process or operation.
Activity-based Costing
A method of allocating overhead and indirect costs to products or services based on the activities that generate those costs.
Overhead Costs
General business expenses that are not directly attributable to a specific product or service but are necessary for the business to operate.
Direct Labor-hours
The total hours worked by employees directly involved in the manufacturing process, used in assigning costs to products.
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