Question: Please help me with the following question- a) Consider a Counot duopoly market where all firms produce homogeneous goods and the inverse market demand is
Please help me with the following question-
a) Consider a Counot duopoly market where all firms produce homogeneous goods and the
inverse market demand is P = a - q, where
P2
i=1 qi = q; i = 1; 2 and the initial marginal cost of
firm 1 is c1( c1).

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