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What is the cournot equilibrium quantity

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Reference no: EM132312880

Suppose the demand for pizza in a small isolated town is p=10-Q. There are only two pizza restaurants, A and B, and each has a cost function TC = 2+q.

What is the Cournot equilibrium quantity for each firm?

Firm A:

Firm B:

What is the Cournot equilibirum price?

Reference no: EM132312880

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