Find the reaction function and how much does firm produce

Reference no: EM13124000

Firms that compete with each other Cournot game with identical cost function MC=0 and the inverse demand p(y)=100 - Y where Y=y1+y2+y3

A) Find the reaction function

B)How much does each firm produce

C) compute CS ,PS and the deadweight loss

D)if firm 1 and 2 leaders and 3 follower (Stackelberg),

What are the quantity choices for all three firms?

Reference no: EM13124000

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