4. You are the manager of a firm that competes against four
other firms by bidding for government contracts. While you believe
your product is better than the competition, the government
purchasing agent views the products as identical and purchases from
the firm offering the best price. Total government demand is Q =
1,000 − 10P, and all five firms produce at a constant marginal cost
of $40. For security reasons, the government has imposed
restrictions that permit a maximum...