In equilibrium what wll the total output by the two firms be

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Suppose that the market demand curve for bean sprouts is P=880-2Q, where P is the price and Q is total industry output. Suppose that the industry has two firms, a Stackleberg leader and a follower. Each firm has a constant marginal cost of $80 per unit of output. In equilibrium what wll the total output by the two firms be?

Reference no: EM13831530

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