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(d) [8 pts] Brazil has elected a new government that pledged to allow domestic companies to produce and sell any drugs Brazilians need. A Brazilian
(d) [8 pts] Brazil has elected a new government that pledged to allow domestic companies to produce and sell any drugs Brazilians need. A Brazilian firm, DEF, will enter the market. Assume DEF has the same cost function as ABC, C(Q)=15+2Q. Suppose ABC and DEF compete simultaneously in quantities. What quantity of vaccines will each produce? What is the market price
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