Skip to main content

Text Version Of Figure 5

Figure 5
The Profit Possibility Frontier

Following is a description of Figure 5:

  • Along the left of the x-axis are the words "Efficient point, Bertrand"
  • One set of perpendicular dotted lines labeled "Cournot" intersect the x-axis at 57.60 and the y-axis at 57.60.
  • One set of perpendicular dotted lines labeled "Stackelberg" intersect the x-axis at 64.80 and the y-axis at 32.40.
  • A diagonal line just outside the top right corners of the Cournot and Stackelberg areas ( drawn from near the top of the y-axis to the right of the x-axis) is labeled "Profit possibility frontier."

Return to Figure 5

Updated September 17, 2015