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Suppose in a Cournot Duopoly That Two Firms,Firm 1 and Firm

Question 13

Multiple Choice

Suppose in a Cournot duopoly that two firms,Firm 1 and Firm 2,face market demand Suppose in a Cournot duopoly that two firms,Firm 1 and Firm 2,face market demand and both have marginal cost, The equilibrium industry profits in this market will be A) 150 B) 200 C) 250 D) 300 and both have marginal cost, Suppose in a Cournot duopoly that two firms,Firm 1 and Firm 2,face market demand and both have marginal cost, The equilibrium industry profits in this market will be A) 150 B) 200 C) 250 D) 300 The equilibrium industry profits in this market will be


A) 150
B) 200
C) 250
D) 300

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