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Duopoly quantity-setting firms face the market demand p=210-Q. Each firm has a marginal cost of $15...

Duopoly quantity-setting firms face the market demand p=210-Q.

Each firm has a marginal cost of $15 per unit.

What is the Cournot equilibrium?

The Cournot Equilibrium quantities for Firm 1 (q1) and Firm 2 (q2) are:

q1= __ units

and

q2 =__ units . (Enter numeric responses using real numbers rounded to two decimal places.)

The Cournot equilibrium price is p=$__ (two decimal places)

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