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The market demand curve for a pair of Cournot duopolists is given as P-31-20, where Q- +Q2. The constant per unit margin
Posted: Mon Apr 25, 2022 8:19 am
by answerhappygod
- The Market Demand Curve For A Pair Of Cournot Duopolists Is Given As P 31 20 Where Q Q2 The Constant Per Unit Margin 1 (13.94 KiB) Viewed 17 times
The market demand curve for a pair of Cournot duopolists is given as P-31-20, where Q- +Q2. The constant per unit marginal cost is 22 for each duopolist Find the Cournot equilibrium price, total quantity, and total profits. Instructions: Round your answers for price and profits to the nearest penny 2 decimal places) and quantity rounded to 1 decimal place Equilibrium prices Quantity 10 Profits