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1.Suppose the demand for pizza in and around a large college town is p=20-Q. Where Q is in hundreds of pizza per day. There are

1.Suppose the demand for pizza in and around a large college town is p=20-Q. Where Q is in hundreds of pizza per day. There are only two firm A, and B, and each has a cost function TC = 200 + 4q per day. MC = 4. Determine Cournot equilibrium. What is the equilibrium price and quantity? How much profit does each pizza place make?

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