Q2= r2(Q1) = a−c22b- 12
Q1 describes
a. the profit of the leader in a Stackelberg oligopoly.
b. the Cournot reaction function of the follower in a Stackelberg model.
c. the output of the follower in a Stackelberg oligopoly.
d. the Cournot reaction function of the leader in a Stackelberg model.