Multiple Choice
Consider a Stackelberg duopoly with the following inverse demand function: P = 100 - 2Q1 - 2Q2.The firms' marginal cost are identical and given by MCi(Qi) = 2Qi.Based on this information the consumer surplus in this market is
A) $36.75.
B) $73.50.
C) $1,352.40.
D) $2,704.80.
Correct Answer:

Verified
Correct Answer:
Verified
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