Two firms Intel and AMD in the CPU market have combined demand given by Q = 100 - 2 P. Their total costs are given by TC Intel = 2 Q Intel + Q^2 Intel and TCamd = 2 Q amd + Q^2amd. If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be:

Answers:

66

66.67

34

32

98