3 firms that compete with each other Cournot game with identical cost function MC=0 and the inverse...

Question

3 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 functionB)How much does each firm produceC)compute CS ,PS and the deadweight lossD)if firm 1 and 2 leaders and 3 follower (Stackelberg),What are the quantity choices for all three firms?

Robert · Accepted Answer

The answer to part (C) is not found in options available. So the correct option is ‘none of the 
above’ in the mcq number 35.
The answer to part (D) is not found in the options available, even though I applied the 
correct way of solving.

3 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 functionB)How much does each firm...

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