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Consider an industry with two firms, 1 and 2, and two technologies, A and B. The profits that every firm earns from technology ( i={A,
Consider an industry with two firms, 1 and 2, and two technologies, A and B. The profits that every firm earns from technology \( i=\{A, B\} \) is \[ \pi_{i}=b_{i}+2 n_{i} k \text { if } k \text { fir
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