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Keep assuming that there are only two firms operating in this market, but now assume that the two firms do not behave as price takers.

Keep assuming that there are only two firms operating in this market, but now assume that the two firms do not behave as price takers. Instead use the Cournot model we studied in class to model the interaction of the two firms in this market. Write the profits function for each firm in the Cournot model

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