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Quantity Competition; An Example Suppose that the market inverse demand function is p(yT)=60-OT and that the firms' total cost functions are C1(y1=yi and C2(y2)=15y2+y2Quantity Competition; An Example Suppose that the market inverse demand function is and that the firms’ total cost functions are p(yT) = 60 − yT c1 y1 y1 2 ( ) = c2 y2 y2 y2 2 and ( ) = 15 +
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