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Stackelberg Leader-Follower duopolists face a market demand curve given by P = 120 - 3Q where...

Stackelberg Leader-Follower duopolists face a market demand curve given by P = 120 - 3Q where Q is total market demand. Each firm can produce output at a constant marginal cost of 20 per unit. The equilibrium price for the total market will be...?

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EQUILIBRIUM PRICE is 45

Rahul Sunny answered 7 months ago
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