anta market demand schedule is P = 400 - .5*Q. The Cost schedule for Delta is: MC=AC=Scomp=100. The Cost schedule for the other four firms (United, Southwest, et al) is MC=AC=Scomp=60. In the previous scenario, Delta’s market share was 20% since all five firms were identical. What is Delta’s new market share?

Managerial Economics: A Problem Solving Approach
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ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter15: Strategic Games
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V9 Again consider Atlanta as an oligopoly market with five airlines that behave in a Cournot Model fashion. The Atlanta market demand schedule is P = 400 - .5*Q. The Cost schedule for Delta is: MC=AC=Scomp=100. The Cost schedule for the other four firms (United, Southwest, et al) is MC=AC=Scomp=60. In the previous scenario, Delta’s market share was 20% since all five firms were identical. What is Delta’s new market share?
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