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Business, 25.12.2019 20:31 ijohnh14

Consider the following duopoly in which the two firms sell a homogeneous product. the inverse demand is given by p = 10 − 1 2 q. the marginal cost of both firms is $5. what price would prevail in a cournot equilibrium?

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Consider the following duopoly in which the two firms sell a homogeneous product. the inverse demand...
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