The market for widgets is best modelled with Cournot competition. The firms competing in the market are identical, and the best-response function of the typical firm is, QA = 76 - 0.5X where QA is the output of the typical firm and X is the combined output of the remaining firms. Find the equilibrium quantity of the typical firm if a total of 7 firms compete in the market. Report your answer to 2 decimal places. The market for widgets is best modelled with Cournot competition. The firms competing in the market are identical, and the best-response function of the typical firm is, QA = 76 - 0.5X where QA is the output of the typical firm and X is the combined output of the remaining firms. Find the equilibrium quantity of the typical firm if a total of 7 firms compete in the market. Report your answer to 2 decimal places