中國經濟研究管理學及財務知識分析(ppt 31頁)

中國經濟研究管理學及財務知識分析(ppt 31頁)簡介：

Two firms A and B quantity compete.
Inverse demand function
They have the same constant marginal cost, and there is no fixed cost.

By symmetry, firm B’s problem.
Figure Illustration: Response Function, Tatonnement Process
Exercise: what will happens if there are n identical Cournot competing firms? (Convergence to Competitive Equilibrium)

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