Equilibrium Further Studied for Combined System of Cournot and Bertrand: A Differential Approach

Figure 11

distribution state. (a) c = 2, α = 12, β = 2, 3 < a < 4, and 1 < b < 2 and (b) c = 2, α = 12, β = 3, 3 < a < 4, and 1 < b < 2.

(a)

(b)