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Two firms (they are the only two firms) in the maple syrup industry compete in the following game. Each simultaneously chooses a quantity of syrup
Two firms (they are the only two firms) in the maple syrup industry compete in the following game. Each simultaneously chooses a quantity of syrup to produce. Their costs are qA = q and qB = = qg while the demand for maple syrup is D = 16 - P. What quantity does firm B produce in the Nash Equilibrium
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