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Two firms compete under Cournot competition with constant marginal costs c1 = 2 and c2 =6. The market demand is p=24?q.
a) Compute the market share of each firm, the market price, and the total quantity produced in the market.
b) Compute the HHI index.
c) Compute the Lerner index.
q.at one time the country of aquilonia had no banks but had currency of 10 million. then a banking system was
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q1. assume the following model of expenditure sectorsp c i g nxc 420 45yd yd y - ta tr ta 16ytr0 100i0 160g0
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