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O $19 A Cournot duopoly operates in an industry with the following demand function: Q = 680 - 20P, where Q = Q1 + Q2
O $19 A Cournot duopoly operates in an industry with the following demand function: Q = 680 - 20P, where Q = Q1 + Q2 is the total quantity produced by firms 1 and 2, together. Both firms have a constant marginal cost of 19. What is the market price in equilibrium? O $24 O $39 $68
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