What is the cournot equilibrium quantity for firm

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Cournot Equilibrium I Two competitors A and B compete on quantity simultaneously in a market where demand is described by P = 49 - Q, where Q = A + B. Firm A has production costs C(A) = 17 + 4A + 0.5A^2. Firm B has production costs C(B) = 16 + 5B. Find the Cournot equilibrium quantities and price. These will be the answers for the next three questions. What is the Cournot equilibrium quantity for firm A? (Round to the nearest tenth)

Reference no: EM131392145

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