Suppose Cournot duopolists firms face the same market demand curve,but have differing costs.At the Nash-Cournot equilibrium,the firm with the lower cost will

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At the Nash-Cournot equilibrium, each firm will produce a quantity such that their marginal cost equals the market price. Since the firms have differing costs, the firm with the lower cost will have a lower marginal cost and thus will produce a larger output than its competitor.

Suppose Cournot Duopolists Firms Face the Same Market Demand Curve,but