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Two cruise lines, Princess and Carnival, face the following demand curve for cruises in the Caribbean Q= 300 -p/5. Their cost function is 300q 10,000.

Two cruise lines, Princess and Carnival, face the following demand curve for cruises in the Caribbean Q= 300 -p/5. Their cost function is 300q 10,000. What will be the equilibrium price and quantity per firm fi they act as Stackelberg oligopolists and Princess is the leader? Explain.

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