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There are two rms. i and j competing os-'er quantity. Each rm produces a homogenous good at the same marginal cost (e). and xed costs
There are two rms. i and j competing os-'er quantity. Each rm produces a homogenous good at the same marginal cost (e). and xed costs are P = D. Market demand is pliQ) = a bQ. where p is price. Q = C11 (11 is the total quantity of output produced and sold by all rms in the market. [11 is the quantity of output for rm i. (U is the quantity of output for rm j. b 3* [1. and G
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