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Three duopolists operate in a market with inverse demand given by p ( Q ) = a - q , where Q = q 1
Three duopolists operate in a market with inverse demand given by pQaq where Qqqq and qi is the quantity produced by firm i Each firm has a constant marginal cost of production, c and no fixed cost. The firms choose their quantities as follows: firm chooses q; firms and observe q and then simultaneously choose q and q respectively.
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