Use the following to answer question:
Table 11.3
-(Table 11.3) Banner and Sense are Bertrand competitors producing identical gascolators. The inverse market demand curve for gascolators is P = 2,000 - 4Q, where Q is the quantity of gascolators and P is the price per gascolator. Banner and Sense produce gascolators at a constant marginal cost of $80. Complete the table:

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Use the following to answer question:
Table 11.3 
-(Table 11.3) Banner and Sense are Bertrand competitors producing identical gascolators. The inverse market demand curve for gascolators is P = 2,000 - 4Q, where Q is the quantity of gascolators and P is the price per gascolator. Banner and Sense produce gascolators at a constant marginal cost of $80. Complete the table:

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The Answer of Use the following to answer question:
Table 11.3 
-(Table 11.3) Banner and Sense are Bertrand competitors producing identical gascolators. The inverse market demand curve for gascolators is P = 2,000 - 4Q, where Q is the quantity of gascolators and P is the price per gascolator. Banner and Sense produce gascolators at a constant marginal cost of $80. Complete the table:

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