申論題內容
Question 1
Consider a quantity-competition oligopolistic market. There are 9 firms and each firm has a cost C(q)=0.28q+1.6. Suppose that market demand is Q=1,000-1,000P. Answer the following questions.
Find firm's output q= _______
and profit π= _______
market price P= _______
and output Q= _______
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