Consider aduopolistic market wheredemand is given byP= 36 - 3Q,
where Q = Q1 + Q2. For each duopolist, the constant per unit
marginal cost is $18/unit and fixed costs are zero. a. Assume first
that the duopolists hold Cournot conjectures when they make their
choices. Find the Cournot equilibrium price, quantity, and profits.
b. Now find the equilibrium price, quantity, and profits assuming
the duopolistic competition as Bertrand. c. Find the equilibrium um
price, quantity, and profit for each...