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3 Consider a market with market demand function QM:120P and suppose any rm that operates in this market has a constant marginal cost of $4

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3 Consider a market with market demand function QM:120P and suppose any rm that operates in this market has a constant marginal cost of $4 per unit. Find the equilibrium quantity supplied in the market under each of the following four market structures: 0 Stackleberg duopoly o Cournot duopoly o Monopoly o A monopoly with M C = 4 that gets broken up into many small competing rms

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