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Consider a duopoly in whb) What price will they charge in a Bertrand price competition game? How much will be produced in the market? Calculate

Consider a duopoly in whb) What price will they charge in a Bertrand price competition game? How much will be produced in the market? Calculate the firm's profit margins. Explain your answer.ich firms produce differentiated products. Demand curves are given by: Q_1=75-P_1 0.5P_2 Q_2=75-P_2 0.5P_1

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