j. Suppose that b 5 1, d 5 0.01, and A 5 10,580. What are X, p

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j. Suppose that b 5 1, d 5 0.01, and A 5 10,580. What are X*, p* and N*? How much does each individual firm produce? (Do exercise 21.10 to compare these to what is optimal.)

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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j. Suppose that b 5 1, d 5 0.01, and A 5 10,580. What are X*, p*

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Microeconomics An Intuitive Approach With Calculus

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j. Suppose that b 5 1, d 5 0.01, and A 5 10,580. What are X, p