A firm sells two competing products, A and . The demand equations for these products are
=100(5-p+p) and =100(6+p-2p)
where p and p are the prices the firm sets for these products, and and are the corresponding weekly demands. The firm's weekly cost function is
c=5+4+500.
=100(5-p+p) and =100(6+p-2p)
where p and p are the prices the firm sets for these products, and and are the corresponding weekly demands. The firm's weekly cost function is
c=5+4+500.