Microeconomics- Stackleberg model

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Microeconomics- Stackleberg model Powered By Docstoc
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CLASSOF1         [MICROECONOMICS- STACKLEBERG MODEL]


  Document Description:
  Given the demand and cost function of a Stackleberg firm, calculate the price
  and output.
                Sub: Economics



              Question:
              You are the manager of a firm in a new industry. You have gotten the jump on the only other
              producer in the market. You know what your competitor's cost function is, and it knows yours.
              Your products, although different to experts, are indistinguishable to the average consumer.
              Your marketing research team has prov
				
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