(Solved by Humans)-According to the Stackelberg model, if two firms have identical
Question
According to the Stackelberg model, if two firms have identical total costs:
| a. | the Stackelberg leader will end up with a 1/4 market share and the Stackelberg follower will end up with a 3/4 market share. |
| b. | the Stackelberg leader will end up with a 3/4 market share and the Stackelberg follower will end up with a 1/4 market share. |
| c. | the Stackelberg leader will end up with a 1/3 market share and the Stackelberg follower will end up with a 2/3 market share. |
| d. | the Stackelberg leader and the Stackelberg follower will end up with an equal share of the market. |
| e. | the Stackelberg leader will end up with a 2/3 market share and the Stackelberg follower will end up with a 1/3 market share. |
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