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    5. Consider the following demand curve Q=100-P in a Duopoly where in A firm is the leader and the B fi

    Question

    Consider the following demand curve Q=100-P in a

    Duopoly where in A firm is the leader and the B firm is the follower. The Marginal cost given as 20. What is the profit for firm B
    A 400 Correct Answer Incorrect Answer
    B 600 Correct Answer Incorrect Answer
    C 800 Correct Answer Incorrect Answer
    D 1000 Correct Answer Incorrect Answer

    Solution

    Practice Next
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