Business
Business, 29.05.2020 16:57, EwTrTw4584

You are given the market demand function Q=2800-1000p, and that each duopoly firm's marginal cost is $0.07 per unit, which implies the cost function: C(qi)=.07qi, assuming no fixed costs for i= 1,2. The Cournot equilibrium quantities are: q1= ; and q2 .

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You are given the market demand function Q=2800-1000p, and that each duopoly firm's marginal cost is...

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