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Please show all your work. Your firm has total costs equal to 40Q1.. The demand you...

Please show all your work.

Your firm has total costs equal to 40Q1.. The demand you face is P=4000-5Q.

Now your firm has a rival firm, with total costs equal to 40Q2. You both play Cournot. What is your output and profits? What is the deadweight loss?

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Answer #1

output by usiy +he man OQ ive 396-50, Qi = 3g 60-s | 3360-so, lo2 o Q12.0 2 o Pacht Sila 174,240

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