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9) Two firms. A and B, compete in a market. Each firm has a cost function C(Q) = 5Q. The market demand for the firm's
9) Two firms. A and B, compete in a market. Each firm has a cost function C(Q) = 5Q. The market demand for the firm's homogenous product is given by Q = 100 - 2p. Suppose that the firms behave according to Cournot's model. Compute the Cournot equilibrium quantities for both firms.
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