=+6. Suppose that an industry is characterized as follows: C 5 100 1 2q2 each firms total

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=+6. Suppose that an industry is characterized as follows:

C 5 100 1 2q2 each firm’s total cost function MC 5 4q firm’s marginal cost function P 5 90 − 2Q industry demand curve MR 5 90 − 4Q industry marginal revenue curve

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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