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Katya and Polina Offer Different Types of Kayak Tours, Competing

Question 168

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Katya and Polina offer different types of kayak tours, competing on price. Katya faces qD = 1,000 - 20pD + 5pJ and constant marginal costs of $30. Polina faces qJ = 1,000 - 20pJ + 5pD and constant marginal costs of $45. If Polina charges $50 per kayak tour, then Katya should charge _____ per kayak tour.

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