... prices, we find:PA = 20 - 6 = $14 and PB = 20 - 9 = $11.To determine the profits for each technology, subtract total cost from total revenue:πA = (14) (6) - (10 + (8)(6)) = $26 andπB ... marketpower?From 10.a we know that, under monopoly, Q = 6 and profit is 26. Consumer surplus is(0.5)(20 - 14) (6) = $18.Social welfare is the sum of consumer surplus plus profits, or18 + 26 = $44.With ... when output is increased to discourage entry.Chapter 13: Game Theory and Competitive Equilibrium 14 11. Three contestants, A, B, and C, each have a balloon and a pistol. From fixed positions,they...