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A) Price competition: 1. Suppose the demand as a function of price is q (p) = 100 p . There are two identical firms with linear cost functions, cq. What is the price competition equilibrium? 2. Suppose now that firm 1 can produce costlessly. Compute the price equilibrium if firm 2 has a marginal cost of i) 10 ii) 110 3. What if each firm can only produce 20 units? What will the price be