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estion Completion Status: A Moving to the next question prevents changes to this answer. Question 3 o stion 3 2 points Save An Suppose that

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estion Completion Status: A Moving to the next question prevents changes to this answer. Question 3 o stion 3 2 points Save An Suppose that the duopolists Carl and Simon face a demand for books in economics of Q = 13200 - 800P, where Q is the number of books and P is the price of books. Suppose further that each firm has a constant marginal cost of $0.5 for each book produced. If Carl believes that Simon is going to produce q, books this year, then the reaction function of Carl tells us how many books Carl should produce in order to maximize his profits. Carl's reaction function is: O 1. Qc = 9600 - Qs O 2.Qc = 13200 - 800Qs O 3. Qc = 6400 - 2s N 0 4. Q = 3200 - 2s Question 3 of 11 15 A Moving to the next question prevents changes to this answer. ch 13:37 805 e

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