Consider a Stackelberg duopoly with the following inverse demand function: P = 100 − 2Q₁ − 2Q₂.The firms' marginal costs are identical and are given by MC_i = 2.Based on this information,the consumer surplus in this market is: A) $36.75. B) $73.50. C) $1,352.40. D) $2,704.80.

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The Answer of Consider a Stackelberg duopoly with the following inverse demand function: P = 100 − 2Q₁ − 2Q₂.The firms' marginal costs are identical and are given by MC_i = 2.Based on this information,the consumer surplus in this market is: A) $36.75. B) $73.50. C) $1,352.40. D) $2,704.80.

Consider a Stackelberg Duopoly with the Following Inverse Demand Function