=+8. You are a duopolist producer of a homogeneous good. Both you and your competitor have zero

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=+8. You are a duopolist producer of a homogeneous good.

Both you and your competitor have zero marginal costs. The market demand curve is P = 30 - Q where Q = Q1 + Q2.Q1 is your output and Q2 your competitor’s output. Your competitor has also read this book.

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Microeconomics

ISBN: 9780134184241

9th Edition

Authors: Robert Pindyck, Daniel Rubinfeld

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