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Suppose the Market Demand Curve Is Given By P=100−2QP = 100 - 2 Q

Question 36

Multiple Choice

Suppose the market demand curve is given by P=100−2QP = 100 - 2 Q . If one Cournot duopolist produces Q1=10Q _ { 1 } = 10 , the residual demand curve faced by the other Cournot duopolist is


A) P = 90 - 2Q2.
B) P = 80 - 2Q2.
C) Q2 = 80 - P.
D) Q2 = 80 - 2P.

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