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Title: Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms,A and ... Post by: Mairoon on Oct 19, 2017 Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms,A and B, and each has a cost function TC = 2 + Q. Compare the firms' profits if they behave as Cournot duopolists with their profits if they form a cartel and share the market.
Title: Re: Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms,A ... Post by: LBCea on Oct 19, 2017 Content hidden
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