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Firm A and B are Cournot competitors who both produce good x. Demand is x=150 - P, where P is price. Both firms have zero
Firm A and B are Cournot competitors who both produce good x. Demand is x=150 - P, where P is price. Both firms have zero cost. In this case, the Nash equilibrium outcome in this model is for both firms to produce ____ units of good x
42.5
45.5
50
52
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