Find upper and lower limits which marginal cost may vary

Reference no: EM13242033

The Kinked demand curve in an oligopolistic market is represented by the following:

P= 100-Q and P=120-2*Q

The oligopoly firms have contant marginal costs at MC = 40

Calculate the upper and lower limits within which marginal cost may vary without affecting the profit maximizing outpt or the price.

Reference no: EM13242033

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