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There are two firms (producers) in the market and they are price takers. Total Cost Function for firm 1: 0.65(Q1)2 + 22Q1 + 120 Total

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There are two firms (producers) in the market and they are price takers. Total Cost Function for firm 1: 0.65(Q1)2 + 22Q1 + 120 Total Cost Function for firm 2: 0.82(Q2)2+ 1802 + 160 Each firm has a minimum capacity of 0 but no maximum capacity. The inverse demand curve for the market is: P = 475 - 0.6

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