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In a Cournot duopoly, we find that Firm 1's reaction function is Q1 = 50 - 0.5Q2, and Firm 2's reaction function is Q2 =

In a Cournot duopoly, we find that Firm 1's reaction function is Q1 = 50 - 0.5Q2, and Firm 2's

reaction function is Q2 = 75 - 0.75Q1. What is the Cournot equilibrium outcome in this

market?

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