Duopoly quantity-setting firms face the market demand p = 150 - q1 - q2. Each firm has

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Duopoly quantity-setting firms face the market demand
p = 150 - q1 - q2.
Each firm has a marginal cost of $ 60 per unit. What is the Nash-Cournot equilibrium?

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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Question Posted: Nov 13, 2014 03:37 AM

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Duopoly quantity-setting firms face the market demand p = 150 - q1 - q2. Each firm has

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Managerial Economics and Strategy

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