Business, 19.04.2021 15:50 alexisgilford
There are 2 firms that sell a certain software, Microsoft and Oracle. Microsoft invented the software and so they act as a market leader by first deciding how much of the software they are going to produce each month. Oracle observes this decision by Microsoft and then chooses how much they are going to produce. The marginal cost of producing the software is constant at $2 for both companies. The total market demand for the software is P
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There are 2 firms that sell a certain software, Microsoft and Oracle. Microsoft invented the softwar...
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