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(Solved): 2. Referring to our online lectures, explain -- in no more than 10 sentences -- how Cournots duop ...



2. Referring to our online lectures, explain -- in no more than 10 sentences -- how Cournot’s duopoly model and the Cournot equilibrium relates to location decision of firms in oligopolistically competitive markets.


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Cournot's duopoly model is a theoretical framework used to analyze the behavior of firms in oligopol...
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