Oligopolistic Competition:

Two rms are competing for consumers. They simultaneously decide what quantity to produce. Suppose they have identical cost c, zero xed cost and face (inverse) market demand p (q₁; q₂) = 1 - q₁ - q₂. What are the equilibrium prices, quantities and pro ts?

Two rms are competing for consumers. They simultaneously decide what price to charge. Suppose both rms have zero xed cost, but c₁ = 1=2 and c₂ = 1=4. The (inverse) market demand is p (q₁; q₂) = 1 - q₁ - q₂. What are the equilibrium prices, quantities and pro ts?

Two rms produce dierentiated products and compete in price. The market demand for rm 1's product is q₁ (p₁; p₂) = 100 + p₁ - 2p₂; and the market demand for rm 2's product is q₂ (p₁; p₂) = 100 + p1 -  2p₂: Both rms have zero xed cost, identical marginal cost c = 10: What are the equilibrium prices, quantities and pro ts?

Two rms compete via Stackelberg competition. In period 1, rm 1 names quantity q₁. In period 2, rm 2 sees q₁ and subsequently chooses quantity q₂. Suppose both rms have zero xed cost, identical marginal cost c = 0, and face (inverse) market demand
p (q₁; q₂) = 1 - q₁ - q₂. What are the equilibrium prices, quantities and pro ts?