Units: | $ |
Mode: | Output Only |
Multi-band: | False |
Default Value: | |
Validation Rule: | |
Key Property: | No |
Description: | Producer revenue in the perfect competition solution |
Cournot Perfect Competition Producer Revenue is the producer revenue in the perfect competition solution i.e. before the Nash-Cournot game is run. This is defined as:
Perfect Competition Producer Revenue = Perfect Competition Price × Perfect Competition ProductionSee also: