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Business, 10.08.2021 05:30 alex12everett

The demand for y is given by y = 256/(p^2). Only two firms produce y. They have identical costs c(y) = y^2. If they agree to collude and maximize their joint profits, how much output will each firm produce?

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The demand for y is given by y = 256/(p^2). Only two firms produce y. They have identical costs c(y)...

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