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Consider a market with the following demand: P = 56 - 2Q If the market is served by two duopolists with the same cost structure,

Consider a market with the following demand: P = 56 - 2Q

If the market is served by two duopolists with the same cost structure, no fixed cost but $20 cost per unit, each firm's total cost is $20Q.

What is the reaction function for each firm?

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