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Homework #2 – EconS 503, Answer key 1

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Page 1: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 2: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 3: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 4: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 5: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 6: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 7: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 8: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 9: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 10: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 11: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 12: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 13: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 14: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 15: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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Page 16: Homework #2 – EconS 503, Answer key · firms produce? Answer: Each firm IS a monopolist in its own country. Let and maxi- rmzes, max (90 — q3i)d — 10qz3 2 and j B (so that q2

Homework #2 – EconS 503, Answer key

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