題組內容

2. Assume that the cost functions of two firms producing the same commodity are \[ C_1 = 2q_1^2 + 20q_1 - 2q_1q_2 \ ; \ C_2 = 3q_2^2 + 60q_2 \]


(1) Determine the output levels of the firms on the assumption that each equates its private MC to a fixed market price of 300. (10%)