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The inverse market demand in a homogeneous-product Cournot duopoly is P=200-3(Q1+Q2) and costs are C1(Q1)=26Q1 and...

The inverse market demand in a homogeneous-product Cournot duopoly is P=200-3(Q1+Q2) and costs are C1(Q1)=26Q1 and C2(Q2)=32Q2, find the optimal output, price, and maximized profit if the two oligopolists formed a cartel whose MC is the average between the oligopolists’ marginal costs. Assume the cartel splits profit equally among oligopolists.

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