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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?


A) 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)
B) 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)
C) 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)
D) 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)

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