Consider again Worked-Out Problem 19.2, but assume that Coke's marginal cost is now $0.24 (Pepsi's is still

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Consider again Worked-Out Problem 19.2, but assume that Coke's marginal cost is now $0.24 (Pepsi's is still $0.30). What are the equilibrium prices (to the nearest penny) and sales quantities when the firms set their prices simultaneously?
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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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