6 The same demand conditions as those in Problem 5 prevail and there are still 1,000 firms...

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6 The same demand conditions as those in Problem 5 prevail and there are still 1,000 firms in the industry, but fixed costs increase by a980. What now are your answers to the questions in problem 5?

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Economics

ISBN: 9781509540235

6th Edition

Authors: Michael Parkin, Melanie Powell, Kent Matthews

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