10 logging firms use a forest to collect timber. Each firm i must choose how many trees to cut, gj. The benefit of cutting a tree is 1000 – 2G per tree, where G is the total quantity of trees cut in...

Extracted text: 10 logging firms use a forest to collect timber. Each firm i must choose how many trees to cut, gj. The benefit of cutting a tree is 1000 – 2G per tree, where G is the total quantity of trees cut in the forest. The marginal cost of cutting a tree is 10G. Firms do not face any fixed costs. What is the best response function for firm i? 10 j = 1,j = . O 9j = 7 10 1000 – 22j= 1.j =¡9j ,10 1000 – 22=19j O 9j = 7 10 500-Σ-19,