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Author Question: DuopoliesThe graph shows the reaction functions for a duopoly: Firm A and Firm B.Assume that ... (Read 407 times)

kaitlynndavis

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Duopolies

The graph shows the reaction functions for a duopoly: Firm A and Firm B.



Assume that Q1=2283.05, Q2=3131, and Q3=8430. The two firms combined will produce ________ units, which is ________ units ________ (more than/less than) what a monopolist would produce.
◦ 3131, 5299, more than
◦ 2283.05, 847.95, less than
◦ 3131, 5299, less than
◦ 2283.05, 6146.95, more than


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Marked as best answer by kaitlynndavis on Nov 23, 2022

ad2018

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kaitlynndavis

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review


aruss1303

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Reply 3 on: Yesterday
Wow, this really help

 

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