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inverse demand function faced by firm 1, (i = 1, 2) is Pi (C1, 9j) = 100 - 24 - dq;. d=2 and the marginal

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inverse demand function faced by firm 1, (i = 1, 2) is Pi (C1, 9j) = 100 - 24 - dq;. d=2 and the marginal cost of these two firms are C1 = 0, C2 = $10, respectively. Suppose that firm 1 sets price first and firm 2 de cides its price after observing firm 1's price, wh at is the equilibrium price charged by firm 1 and firm 2? ) Firm 1 charges 0, firm 2 charges $ 10 B ) Firm 1 charges $9.99, firm 2 charges $ 10 Firm 1 charges $9.99, firm 2 charges 0 (DBoth firms charge o inverse demand function faced by firm 1, (i = 1, 2) is Pi (C1, 9j) = 100 - 24 - dq;. d=2 and the marginal cost of these two firms are C1 = 0, C2 = $10, respectively. Suppose that firm 1 sets price first and firm 2 de cides its price after observing firm 1's price, wh at is the equilibrium price charged by firm 1 and firm 2? ) Firm 1 charges 0, firm 2 charges $ 10 B ) Firm 1 charges $9.99, firm 2 charges $ 10 Firm 1 charges $9.99, firm 2 charges 0 (DBoth firms charge o

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