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Consider two firms in a market. The company Les pains chauds has a cost function: CPC(q)=9q+2 CM=9 The company Au bon caf has a cost
Consider two firms in a market.
The company Les pains chauds has a cost function: CPC(q)=9q+2 CM=9
The company Au bon caf has a cost function: CBC(q)=3q2+q CM= 6Q+1
Explain the consequences of this difference.
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