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Consider the market for textbooks, in which only 2 firms compete. The inverse demand for textbook...

Consider the market for textbooks, in which only 2 firms compete. The inverse demand for textbook is given by ?(?)=300−2?P(Q)=300−2Q and the cost of producing textbooks for any firms is given by ?(?)=30?+?2C(q)=30q+q2. Find the Cournot equilibrium of this market.

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Rahul Sunny answered 1 year ago
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