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Suppose Cournot Duopolist Firms Operate with Each Having a Cost

question 110

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Suppose Cournot duopolist firms operate with each having a cost of 30qi (i = 1,2) so that each firm's marginal cost is 30.The inverse market demand curve is P = 120 - Q where Q = q1 + q2.At the Nash-Cournot equilibrium,the total quantity,Q,is


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