Consider a market consisting of two firms where the inverse demand curve is given by P = 500 - 2Q₁ - 2Q₂.Each firm has a marginal cost of $50.Based on this information we can conclude that aggregate quantity in the different equilibrium oligopoly models will follow which of the following orderings. A)Q^Collusion

Question

Consider a market consisting of two firms where the inverse demand curve is given by P = 500 - 2Q₁ - 2Q₂.Each firm has a marginal cost of $50.Based on this information we can conclude that aggregate quantity in the different equilibrium oligopoly models will follow which of the following orderings. A)Q^Collusion < Q^Stackelberg < Q^Cournot < Q^Bertrand. B)Q^Col^lusion < Q^Cournot < Q^Stackelberg < Q^Bertrand. C)Q^Bertrand < Q^Collusion < Q^Cournot < Q^Stackelberg. D)Q^Bertrand < Q^Stackelberg < Q^Cournot < Q^Collusion.

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The Answer of Consider a market consisting of two firms where the inverse demand curve is given by P = 500 - 2Q₁ - 2Q₂.Each firm has a marginal cost of $50.Based on this information we can conclude that aggregate quantity in the different equilibrium oligopoly models will follow which of the following orderings. A)Q^Collusion < Q^Stackelberg < Q^Cournot < Q^Bertrand. B)Q^Col^lusion < Q^Cournot < Q^Stackelberg < Q^Bertrand. C)Q^Bertrand < Q^Collusion < Q^Cournot < Q^Stackelberg. D)Q^Bertrand < Q^Stackelberg < Q^Cournot < Q^Collusion.

Consider a Market Consisting of Two Firms Where the Inverse