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Bell and HPhi are the leading producers of abaci. The market demand function for abaci is given by p = 90 2x. The number of

Bell and HPhi are the leading producers of abaci. The market demand function for abaci is given by p = 90 2x. The number of abaci produced by Bell and HPhi are denoted by xB and xH, respectively. Remember, x = xB + xH. The cost functions for Bell and HPhi are 2xB and 4xH, respectively. The two firms can choose any positive level of production.

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