Two firms produce and sell differentiated products that are substitutes for each other. their demand curves are: firm 1 q1 = 40 - 3p1 + p2 and firm 2 q2 = 40 - 3p2 + p1both firms have constant marginal costs of $3.10 per unit. both firms set their own price and take their competitor's price as fixed. use the nash equilibrium concept to determine the equilibrium set of prices. since the firms are identical, they will set the same prices and produce the same quantities. in equilibrium, each firm will charge a price of $ and produce units of output. each firm will earn a profit of $ (all answers rounded to four decimal places.)

enlightenment impacted society by introducing the idea that mankind could use reason to discover the laws of the world and the rights of mankind. these ideals affected all factions of society, from politics to religion.

these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.