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25. Suppose the demand for Vegan hot hot dogs is Q = 200 - 20P. and that the marginal costs are each $2 per hot

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25. Suppose the demand for Vegan hot hot dogs is Q = 200 - 20P. and that the marginal costs are each $2 per hot dog and that there are no fixed costs. If this is a competitive market, what are the equilibrium price and quantity in this market? A) P=2 and Q=160 B) P=6 and Q=80 C) P=4 and Q=120 D) P=3 and Q=140 E) Answer is not given or may not be calculated

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