Question:

Oligopoly Question?

by  |  earlier

0 LIKES UnLike

Under the Cornout Solution for Oligopolies... are both firms considered to have the same output level? (This is using the assumption that each firm believes the other will not change output as they change output)

 Tags:

   Report

2 ANSWERS


  1. bad speller have no idea of Wat you say.


  2. Under the Cournot model, each firm chooses simultaneously.  They will have the same output level if they have the same cost function.
You're reading: Oligopoly Question?

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.