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

Figure 12

distribution state. (a) c = 2, a = 5, b = 1, 3 < α < 4, and 1 < β < 2 and (b) c = 2, a = 8, b = 3, 3 < α < 4, and 1 < β < 2.

(a)

(b)