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      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

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