Managerial Economics 9.4: Oligopolies with Different Costs

[@l.s8473]

Thanks so much for these videos. They have been so helpful.

[@islandwolfgrl]

so helpful!

[@yongkyo2435]

Thanks for the video, could u give an explanation if the function is p= a-bq

[@sebastianwaiecon]

I solved for the inverse demand function at 3:51, which is of the form you gave.

[@yongkyo2435]

Thanks for the reply 😁, So the form will be P(Q)= a-b(q1+q2) right? And the max profit of firm 1 will be π1= q1(a-bq1-bq2)-c1q1 ?