Suppose that Etsy (an e-commerce site focused on handmade or vintage items) necklace vendors compete in a Bertrand market structure with differentiated products. Demand for style 1, produced by vendor 1, is given by
is price of style 1 and p2
is the price of style 2, produced by vendor 2. Demand for style 2 is
The costs of providing these necklaces are C1
respectively. The equilibrium price for style 2 is $____.