Consider a Cournot Duopoly with the Following Inverse Demand Function

Multiple Choice

Consider a Cournot duopoly with the following inverse demand function: P = 100 − 2Q₁ − 2Q₂.The firms' marginal costs are identical and are given by MC_i = 2.Based on this information,consumer surplus in this market is:

A) $16.33.
B) $32.67.
C) $1,067.11.
D) $2,134.22.