b. Now suppose Perrier decides to increase production by 1 million liters. Evian doesnt change its production.

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b. Now suppose Perrier decides to increase production by 1 million liters. Evian doesn’t change its production. What will the new market price and output be? What is Perrier’s profit? What is Evian’s profit?

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Essentials Of Economics

ISBN: 9781429218290

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Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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Question Posted: Oct 03, 2024 06:01 AM

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b. Now suppose Perrier decides to increase production by 1 million liters. Evian doesnt change its production.

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Essentials Of Economics

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