Question

Consider a Cournot duopoly. Assume quantities must be integers and each firm faces a marginalcost of $60 per unit and no fixed costs. Market demand is given by the following table: A monopolist would choose to produce 2 units. The duopolists agree to each produce 1 unit. What are fırm 1's profits if it best responds to firm 2's choice of 1 unit?

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