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2) As in the above exercise 1), consider two firms with the same constant average and marginal cost AC=MC =5 facing the marke
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Answer #1

Counfnot function:- BR , Q ,=48-02 2 BR> >> Q. = 48 as 48- Q = D- Qi5 [48 - 248–,37 = [98 – 48 +®,] 4Q, -G, = 48 [Q8= 16 (62

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