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Business, 05.05.2020 17:21 tobyfoerst

Suppose now that market demand for skiing increases to Qᴅ = 9000 − 60p because of environmental regulations neither Pepall Ridge nor Snow Richards can increase their capacities and serve more skiers beyond their current level of 1,800.

What is the Nash equilibrium price outcome for this case? The constant marginal cost is 10.

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Suppose now that market demand for skiing increases to Qᴅ = 9000 − 60p because of environmental regu...
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