There are two rms that compete in quantities. Say, each firm has marginal cost of 10, and the demand is P = 100 Q, where P is the price and Q is the total demand produced by both firms together. Imagine both firms know that they are in the market for ever. Both firms also play Grin] Trigger strategy, where they agree to produce half of monopoly quantity each initially; however, if there is a deviation by one player from the monopoly quantity, the other *' Hard copies must be submitted in my ofce by 6:00 PM on 31'it (Wing 6). Feel free to slide them under the door. Since I am giving you two weeks, there is no question of extension. No, I will not take soft copies