Problem 4 (10 Points) Coca-Cola and Pepsi constitute a duopoly in the production of softdrinks. Coca-Cola has the following cost structure C(qc) = 20 +
Problem 4 (10 Points) Coca-Cola and Pepsi constitute a duopoly in the production of softdrinks. Coca-Cola has the following cost structure C(qc) = 20 + 3q. + q2, and the Pepsi, C(qp) = 50 + qp + q . If the market demand for softdrinks is given by Q = qc + qp = 200 - P, find the equilibrium if Coca-Cola is the leader in this market and interpret
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