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Double margins in Cournot. Consider two retailers that are engaged in quantity competition (cournot). They have the same marginal cost given by the wholesale price

Double margins in Cournot. Consider two retailers that are engaged in quantity competition (cournot). They have the same marginal cost given by the wholesale price which is denoted p w. Inverse demand is given p=a-q. Assume p w < a. 1. Derive the total retail quantity as a function of the wholesale price p w

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