Consider a Cournot duopoly between two firms, A and B. The firms' reaction curves are given by qA = 80 - 0.598 and 98 =
Consider a Cournot duopoly between two firms, A and B. The firms' reaction curves are given by qA = 80 - 0.598 and 98 = 64 - 0.5qA respectively. Calculate the equilibrium quantities for each firm. 48
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