Why the marginal cost is constant across firms


What happens to price and output in Bertrand, Cournot, and the Stackelberg models if marginal costs increase by 10 %? The market demand is p = a? b Q and the marginal cost is constant across firms, i.e. mc1 = mc2 = c. You may consider for 2 firm case and the multi firm case.

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Macroeconomics: Why the marginal cost is constant across firms
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