QUESTION 16 Scenario I Drc qurty seting ns tce the naet derand pa 150-0 Each fm has a caca .cost e S15 per unit (Refer to Scenario 1.) Under The Stackelberg competition, the approximate equilibrium total quantity supplied and the market price are respectively. a. 80; 70 b.90; 60 and C 110; 40 •d. 100; 50

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