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There are two firms competing through prices in an oligopolistic market featuring leader and follower dynamics. The demand functions that each firm faces are given

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There are two firms competing through prices in an oligopolistic market featuring leader and follower dynamics. The demand functions that each firm faces are given by: 'IL = 37 pr 050% , pr) & CIP = 3*PF \"-50\" M where (as usual), F and L stand for \"follower\" and \"leader\" respectively. Cost functions are given by: Cp(qp) = 25]; and CL(qL) = 137% a) What is the slope of the follower's reaction function? b) What are the equilibrium prices in this market? c) What is the leader's market share

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