Posted by **Chris** on Tuesday, March 20, 2012 at 11:10pm.

Two identical firms compete as a Cournot duopoly. The demand they face is P = 100 - 2Q. The cost function for each firm is C(Q) = 4Q. The equilibrium output of each firm is:

A. 8

B. 16

C. 32

D. 36

- Economics -
**doh**, Friday, November 23, 2012 at 7:45am
16

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