Question 4
This is about a dominated oligopolistic market. Consider a dominant firm D with large market share and three fringe firms F with small market share. Dominant firm D is the price setter and three fringe firms F are price followers in the market. Market demand is Q(P)=10,000-P and the supply of three fringe firms is Q(P)=P-6,000.
【題組】(b) Suppose marginal cost of dominant firm is MCd=5,000. Find
market price P= _______
the output of dominant firm Qd= _______
and the output of fringe firms Qs= _______
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VIP與詳解卡管理
