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Suppose the daily demand for Coke and Pepsi in a small city are given by and
where QC and QP are the number of cans Coke and Pepsi sell,respectively,in thousands per day.PC and PP are the prices of a can of Coke and Pepsi,respectively,measured in dollars.The marginal cost is $0.45 per can.What is Pepsi's best response function?
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