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categoryاقتصاد عام schoolبكالوريوس event_available2026-07-14

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3) Market demand is given by Q=100-P. There are only two firms in the market producing identical products. Cost structure of firm 1 is given by C(q)=10q₁, cost structure of firm 2 is given by C(q)=20q2. a) Find the Cournot-Nash Equilibrium (Firms compete, each choosing its quantity, taking other firm's quantity as given). How much will each firm produce? What will be the market price? b)Find the Bertrand-Nash Equilibrium (Firms compete, each choosing its price taking other firm's price as given). What will be market price and market quantity?

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