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Home / Questions / The market demand curve for a pair of Cournot duopolists is given as P 36 3Q where Q = Q...

The market demand curve for a pair of Cournot duopolists is given as P 36 3Q where Q = Q1 + Q2. The constant per unit marginal cost is 18 for each duopolist

The market demand curve for a pair of Cournot duopolists is given as P = 36 - 3Q, where Q = Q1 + Q2. The constant per unit marginal cost is 18 for each duopolist. Find the Cournot equilibrium price, quantity, and profits.

May 02 2020 View more View Less

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