Question: q1 & q2 are 445, I need help with the Cournot price You are given the market demand function Q = 2000 - 1000p, and

q1 & q2 are 445, I need help with the Cournot

q1 & q2 are 445, I need help with the Cournot price

You are given the market demand function Q = 2000 - 1000p, and that each duopoly firm's marginal cost is $0.22 per unit, which implies the cost function: (91) = 0.224 assuming no fixed costs for i = 1, 2. The cooperative Cournot quantities are q1 = 445 and 42 = 445 (enter your responses as whole numbers). The cooperative Cournot price is $ 0. (round to the nearest penny)

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