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Question 4 ( t h There are two taco places in a city. Demand for taco is given by Q = 200 IOP. Each place

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Question 4 ( t h There are two taco places in a city. Demand for taco is given by Q = 200 IOP. Each place has the cost function G = 50 + 5Q. If the two places behave as duopolists: (a) What is the reaction function of each taco place? (13} What is the Cournot equilibrium price? How much is the prot of each place

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