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Assume that the two companies (C and D) are duopolists that produce identical products. Demand for the products is given by the following linear...

Assume that the two companies (C and D) are duopolists that produce identical products. Demand for the products is given by the following linear demand function:

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Hi, Here is the file you requested. Please let me know if you have any questions, I will be... View the full answer

Cournot.docx

Given, Market demand function P = 200 – QA - QB and total cost functions for two
companies as
TCA = 1500 + 55QA + QA2 and TCB = 1200 + 20QB + 2QB2
The best response function of firm A will be...

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