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Business, 21.06.2019 14:20, tiggyandrep2dbee
Suppose that each firm in a competitive industry has the following costs: total cost: tc=50+12q2tc=50+12q2 marginal cost: mc=qmc=q where qq is an individual firm's quantity produced. the market demand curve for this product is: demand qd=160−4pqd=160−4p where pp is the price and qq is the total quantity of the good. each firm's fixed cost is.
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Business, 22.06.2019 16:00, knownperson233
In macroeconomics, to study the aggregate means to study blank
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The law of supply and demand means that the price of the product depends on its of availability and...
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