PART II: COURNOT COMPETITORS Consider a quantity-setting oligopoly (Cournot model) where demand is linear and each firm's marginal cost is a constant c, for each firm i. The demand function is P = a-b(91 +92). 2. Show on the graph how the equilibrium changes as Firm 2's marginal cost decreases. How are the equilibrium quantities for each firm affected?

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2. Show on the graph how the equilibrium changes as Firm 2s marginal cost decreases. How are the
equilibrium quantities for

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