Cournot Perfect Competition Producer Revenue

Units: $
Mode: Output Only
Multi-band: False
Default Value:
Validation Rule:
Key Property: No
Description: Producer revenue in the perfect competition solution
Detail:

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 Production

See also: