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f in Problem 4, the inverse demand for bean sprouts were given by P(Y) = 430 - 2Y and the total cost of producing Y
f in Problem 4, the inverse demand for bean sprouts were given by P(Y) = 430 - 2Y and the total cost of producing Y units for any firm were TC(Y) = 10Y and if the industry consisted of two Cournot duopolists, then in equilibrium each firms production would be Selected Answer:
a. 52.50 units.
b. 35 units.
c. 53.75 units.
d. 105 units.
e. 70 units.
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