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QUESTION 2 Suppose that the market demand curve is given by P = 120 - 2Q. If one duopolist produces Q1 = 20, the residual

QUESTION 2 Suppose that the market demand curve is given by P = 120 - 2Q. If one duopolist produces Q1 = 20, the residual demand curve faced by the other duopolist is: O a. P = 120 - Q2 O b. P = 120 - 20 - 2Q2 O c. P = 120 - 10 - Q2 O d. P = 120 - 40 - 2Q2

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