(Solved): can anyone please help me 3. Would you say that a Stackelberg Oligopoly is a variant of the Cournot ...

3. Would you say that a Stackelberg Oligopoly is a variant of the Cournot Oligopoly? Explain! 4. Suppose two firms W and H are competing in a Cournot Duopoly. The reaction function of firm W is given by Qw = 40 2Q, and the reaction function of H - firm H is given by QH = 35 - and 2Qw, where Qw 'W' represent the quantity of output produced by firm W and firm H respectively. Determine each firm equilibrium output. ?? 5. Knowing the market inverse demand is QH² P = 75 - 2(Qw+Q) What will be the market price P.