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Suppose there are two firms in a market, Firm A and Firm B, that produce a homogeneous good. The market demand for the good is

Suppose there are two firms in a market, Firm A and Firm B, that produce a homogeneous good. The market demand for the good is given by the following equation:

Q = 20 - P

Where Q is the quantity of the good produced and P is the price of the good. Both firms have constant marginal costs of $5 per unit.

Find the Cournot-Nash equilibrium quantity and price for this market.

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