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2. A company operates in a imperfectly competitive market, in which price stabilized a 400$ per unit of a product. There are currently no profits

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2. A company operates in a imperfectly competitive market, in which price stabilized a 400$ per unit of a product. There are currently no profits and no entries. All companies in this. market are the same, each has a ATC function equal to 0.50\"2-500+1650, where Q denotes production volume. a) find supply of an individual company at current price level. b) knowing that there are 16 000 companies, nd market supply level. c) nd the total cost level and total revenue of an individual company d) let's assume that the market price increases to 506$ per unit. Find new short rur

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