Consider a Stackelberg duopoly with the following inverse demand function: P = 100 - 2Q₁ - 2Q₂. The firms' marginal costs are identical and are given by MC_i(Q_i) = c_iQ_i. Based on this information, the Stackelberg leader's marginal revenue function is: A) MR(Q_L) = 50 - 2Q_L - 0.5c_L. B) MR(Q_L) = 50 - 2Q_L - 0.5c_F. C) MR(Q_F) = 100 - 2Q_F - 0.5c_F. D) MR(Q_F) = 100 - Q_F - 0.5c_F.

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The Answer of Consider a Stackelberg duopoly with the following inverse demand function: P = 100 - 2Q₁ - 2Q₂. The firms' marginal costs are identical and are given by MC_i(Q_i) = c_iQ_i. Based on this information, the Stackelberg leader's marginal revenue function is: A) MR(Q_L) = 50 - 2Q_L - 0.5c_L. B) MR(Q_L) = 50 - 2Q_L - 0.5c_F. C) MR(Q_F) = 100 - 2Q_F - 0.5c_F. D) MR(Q_F) = 100 - Q_F - 0.5c_F.

Consider a Stackelberg Duopoly with the Following Inverse Demand Function