Questions tagged [duopoly]
The duopoly tag has no usage guidance.
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Given Q=80-4P where MC=0, Q=Q_1+Q_2+Q_3+...+Q_n, find the reaction curve for firm A,B, and C
Does the condtion Q=Q_1+Q_2+Q_3+...+Q_n affect the process of finding the reaction curves and cournot equilibrium or do we treat it as if were given the condition of Q=Q_1+Q_2+Q_3??
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How come Intel and AMD do not bankrupt each other?
Their R&D costs a lot of money (fixed cost). And Intel's and AMD's main products are largely interchangeable (no moat)(1). One could expect that they'd compete on price, until their prices are ...
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