Business
Business, 14.02.2020 17:27, taylorb9893

A market has many small firms and one dominant firm. Market demand is givby 100-4P. The dominant firm has a constant marginal cost of S4. All the smaller fringe firms combined have a supply curve given by Qs 6P-20. The profit-maximizing quantity produced by the dominant fim is.

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A market has many small firms and one dominant firm. Market demand is givby 100-4P. The dominant fir...

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