2 companies are competing for output the leader firm knows
2 companies are competing for output. The leader firm knows the market demand to be P=1200-Q. The demand for the other company is Q2=400-0.5Q1. Both companies are have marginal cost $200. How much output will the leader company produce?
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2 companies are competing for output the leader firm knows the market demand to be p1200-q the demand for the other
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