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What is the homogeneous-good duopoly Cournot equilibrium if the market demand function is Q = 4,000 - 100p, and each firm's marginal cost is $0.28
What is the homogeneous-good duopoly Cournot equilibrium if the market demand function is Q = 4,000 - 100p, and each firm's marginal cost is $0.28 per unit? The Cournot-Nash equilibrium occurs where q, equals and q2 equals (Enter numeric responses using real numbers rounded to two decimal places.)
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