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the inverse demand in a Cournot dupoly is P=a-b(Q1+Q2) and c

Paper help Economics the inverse demand in a Cournot dupoly is P=a-b(Q1+Q2) and c

Economics

the inverse demand in a Cournot dupoly is P=a-b(Q1+Q2) and c

the inverse demand in a Cournot dupoly is P=a-b(Q1+Q2) and costs are c1(Q1)=c1Q1,and C2(Q2)=c2Q2. Th… Show more the inverse demand in a Cournot dupoly is P=a-b(Q1+Q2) and costs are c1(Q1)=c1Q1,and C2(Q2)=c2Q2. The government has imposed a per unit tax of $t on each unit sold by each firm. The tax revue is ? a. t times the total output of the 2 firms should ther be no sale tax b. less than t times the total output of the 2 firms should there be no sale tax c. greater than t times the total output of the 2 firms should there be no sale tax d. none of the above. I initially answered (d). The problem does not tell how many unit sold. • Show less

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