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Economics You are a duopolist producer of a homogeneous good. Both you and your competitor have zero marginal costs. The market demand curve is P2400

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Economics You are a duopolist producer of a homogeneous good. Both you and your competitor have zero marginal costs. The market demand curve is P2400 - 2CD where 001 +02, 01 is your output and C92 is your competitor's output. a. Calculate the output, price, and profit under the Cournot model. b. Calculate the output, price, and profit under the Stackelberg model. (Firm 1 goes first)

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