Find the Stackelberg leader quantity in this game.

How has technology affected organizational stress levels?
November 28, 2020
Indicate whether power has shifted into your area or out of it and describe the changes this has made.
November 28, 2020

Consider two firms that play a Stackelberg competition game. Market demand is given by p= 200-(2/3)*(q1+q2)
a). Assume that the cost function for firm 2 is c2(q2) = 3q2. Find the best response function of firm 2 assuming that firm 2 is the follower.
b). Assume that c1(q1) = 2q1 for firm 1, who is the Stackelberg leader. Find the Stackelberg leader quantity in this game. Explain why you cannot do part b before part a in this question. Explain the problems that firm 2 might face in solving step a above.
c). Find the profits, Total Revenues, Total Costs, for both the leader and the follower.

trbet giriş - Olivenöl -

lavivabet giriş