Answered

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Q2= r2(Q1) = a−c22b- 12

Q1 describes

a. the profit of the leader in a Stackelberg oligopoly.
b. the Cournot reaction function of the follower in a Stackelberg model.
c. the output of the follower in a Stackelberg oligopoly.
d. the Cournot reaction function of the leader in a Stackelberg model.

Sagot :

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