In the Cournot model, if one firm increases its output

Question

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In the Cournot model, if one firm increases its output, the market price drops because of the increased supply, which in turn reduces the revenues received by the other firms. This happens because the firms are assumed to have a certain level of market power and have some control over the market price. Therefore, an increase in the output of one firm leads to a lower price, which affects the profits of all the firms in the market.

In the Cournot Model, If One Firm Increases Its Output