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Suppose 2 firms compete in a homogeneous-product Cournot oligopoly. If each firm's marginal cost equals $50 and market price elasticity of demand equals -1.5, the

Suppose 2 firms compete in a homogeneous-product Cournot oligopoly. If each firm's marginal cost equals $50 and market price elasticity of demand equals -1.5, the profit-maximizing, equilibrium price equals $ ?

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