Two firms are bidding on a contract for future production (they are competing on price). One has cost function C(qA) = 2

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answerhappygod
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Two firms are bidding on a contract for future production (they are competing on price). One has cost function C(qA) = 2

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Two firms are bidding on a contract for future
production (they are competing on price). One has cost function
C(qA) = 25qA − 10. The other has C(qB) = 25qB. What type of
competition is this? What will the winning price bid
be?
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