Show the stackelberg equilibrium output with one firm


Problem

On a diagram whose axes are the quantities produced by two identical Cournot oligopolists and compare them with a perfect price-fixing agreement that splits the monopoly profits between them. Then in the same diagram show the Stackelberg equilibrium output with one firm a leader and the other a follower. Compare it with the previous two situations.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Show the stackelberg equilibrium output with one firm
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