Suppose that the market demand is Qd = 60-2P. Three identical firms with constant MC=2 operate in the market with Courno
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Suppose that the market demand is Qd = 60-2P. Three identical firms with constant MC=2 operate in the market with Courno
Suppose that the market demand is Qd = 60-2P. Three identicalfirms with constant MC=2 operate in the market with Cournotcompetition. What is the output of firm 3? A .14 B.12 C.10 D.8