Now suppose United Air Lines enters the Atlanta market. Consider this to be an oligopoly market with two firms that behave in a Cournot Model fashion. The market demand schedule is cost schedule for both firms are:P = 400 - .5*Q,and firm level cost for both firms isMC=AC=Scomp=100.What is the Cournot Market Price
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here