Consider the following duopoly model. Let a: > 0. If g, 2 0 is produced by rm i E {1, 2}, then Q = (11
Consider the following duopoly model. Let a: > 0. If g, 2 0 is produced by rm i E {1, 2}, then Q = (11 + 12 is the aggregate quantity in the market and P = P(Q) = a Q (assuming Q
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