U.S. Department
of Justice
Text Version Of Figure 6
Figure 6
Cournot Equilibrium with Few and Many Firms
This figure is a graphical representation of the data in the following table.
| Number of Firms (x-axis) | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 15 | 20 | 50 |
| Price (cents) (y-axis) | 64 | 52 | 46 | 42.4 | 40 | 38.3 | 37 | 36 | 35.2 | 34.5 | 32.5 | 31.4 | 29.4 |
Few firms: Monopoly
Many firms: Competition
Updated September 17, 2015