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Business, 24.10.2020 18:00 starsinopoli13

Suppose that two firms are producers of spring water, which can be obtained at zero cost. The marginal revenue for their combined output is MR =10-2Q where MR is marginal revenue and Q is the number of litres of spring water sold by both firms per hour. If the 2 producers act according to the oligopoly model, how much will their combined output be? How much is the market price of water per litre?

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