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Question 3, Text Exercise 4.1 Question 3, Text Exercise 4.1 Part 2 of 4 Duopoly_ quantity-setting firms face the market demand Each firm has a
Question 3, Text Exercise 4.1 Part 2 of 4 Duopoly_ quantity-setting firms face the market demand Each firm has a marginal cost of $15 per unit. What is the Cournot equilibrium? The Cournot equilibrium quantities for Firm 1 (ql) and Firm 2 (q2) are HW score: 97.62%, 6.83 of 7 points Points: 0.83 ofl p=210-Q 65 units and q2 The Cournot equilibrium price is 65 units. (Enter numeric responses using real numbers rounded to two decimal places.)
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Economic Issues and Policy
Authors: Jacqueline murray brux
6th edition
9781337001977, 1285448774, 133700197X, 978-1285448770
