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Companies A and B are in a duopoly facing industry demand of Q = 150 - P. If both firms have MC=0 and they form
Companies A and B are in a duopoly facing industry demand of Q = 150 - P. If both firms have MC=0 and they form a cartel their joint profit-maximizing strategy is a) P=25; Q=125 b) P=40; Q=110 C) P=75; Q=75 d) P=80; Q=70
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