How would the Cournot equilibrium change in the airline example if​ American's marginal cost were $90 and​ United's were ​$180​? The demand the duopoly​ quantity-setting firms face is Q=339−p with an inverse demand function of  p=339−1qA −1qU  where qA is the quantity produced by American and qU is the quantity produced by United. The​ Cournot-Nash equilibrium occurs where qA equals ? enter your response here

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
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Chapter15: Imperfect Competition
Section: Chapter Questions
Problem 15.1P
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How would the Cournot equilibrium change in the airline example if​ American's marginal cost were $90

and​ United's were ​$180​?

The demand the duopoly​ quantity-setting firms face is Q=339−p

with an inverse demand function of  p=339−1qA −1qU 

where qA is the quantity produced by American and qU is the quantity produced by United.

The​ Cournot-Nash equilibrium occurs where qA equals ? enter your response here 

and qU equals? enter your response here. (enter numeric responses using​ integers)

​​Furthermore, the equilibrium occurs at a price of ?  ​ (round your answer to the nearest​ penny)

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