How would this alter the final output price and


Suppose the market demand function facing three firms is Q=500-2P.each firms has a marginal cost of 5 per unit what is the cartel solution? suppose instead that one of the firm could supply up to 100 units at MC=a and other two firms had a marginal cost of 5. how would this alter the final output price and profit? does this complicate the division of profit how?

Request for Solution File

Ask an Expert for Answer!!
Business Management: How would this alter the final output price and
Reference No:- TGS0652057

Expected delivery within 24 Hours