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Please Show Work 4. [10] An industry consists of two rms that interact strategically using prioe. The demand function for the product of rm i

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4. [10] An industry consists of two rms that interact strategically using prioe. The demand function for the product of rm i is q1 = 48 10391 + 2p; and its marginal cost of production is 4. Find the best response function of rm 1

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