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7. Bertrand duopolists, Firm 1 and Firm 2, face inverse market demand P = 30-0 and both have marginal cost, MC =$20. The equilibrium output

7. Bertrand duopolists, Firm 1 and Firm 2, face inverse market demand P = 30-0 and both have marginal cost, MC =$20. The equilibrium output this market will be al 15 20 30 40 Ans C

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