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Two identical firms compete as a count duopoly
Two identical firms compete as a count duopoly. The inverse market demand they face is Risto P=120-QQ. The total cost function for firm 1 is Te, CQ) = AQ. The total cost function for firma is TC, (Q) = 2Qz. What is the output of each firm?
A.Q, = 19, Q=20
B. Q = 20, Q = 19
C.Q=19 , Q = 19
D. Q,= 19, Q, 18
E. Q, = 19, 2,319
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