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(Solved): The text in the image translates to English as follows:"In a market, there are two soft drink produc ...



The text in the image translates to English as follows:"In a market, there are two soft drink producing companies (1 and 2) with productions (x1, x2). Each one of them faces a demand for their product given by the functionsp1 = 4,050 - 2.25x1 - 1.5x2 and p2 = 3,712.5 - 1.5x1 - 2.25x2The companies face production costsCT1 = 1.125x1^2 and CT2 = 0.75x2^2 + 262.5x2Obtain the market equilibrium conditions (price, quantity, benefits, consumer surplus, producer surplus, social welfare, loss of welfare) under the models of:a. Perfect competitionb. Monopolyc. Cournotd. Stackelberge. Bertrandf. Collusion"



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