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What is the homogeneous-good duopoly Cournot equilibrium if the market demand function is Q = 1, 600 - 400p, and each firm's marginal cost is $028 per unit The Cournot-Nash equilibrium occurs where

What is the homogeneous-good duopoly Cournot equilibrium if the market demand function is Q = 1, 600 - 400p, and each firm's marginal cost is $0.28 per unit? The Cournot-Nash equilibrium occurs where q_1 equals and q_2 equals (Enter numeric responses using real numbers rounded to two decimal places.) Furthermore, the equilibrium occurs at a price of $ (Round your answer to the nearest penny.)

Apr 05 2020 View more View Less

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