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Two firms A and B produce goods A and B, respectively. The linear demands for the two goods are, respectively, QA=100-4PA+1.5PBQB=120-2PB+0.5PA Production costs are constant
Two firms A and B produce goods A and B, respectively. The linear demands for the two goods are, respectively, QA=100-4PA+1.5PBQB=120-2PB+0.5PA Production costs are constant but not equal: LACA=LMCA=$2LACB=LMCB=$3
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