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8. a. Just outside a High-court there are a large number of tea stalls. For the buyers the tea sold in each stall is exactly

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8. a. Just outside a High-court there are a large number of tea stalls. For the buyers the tea sold in each stall is exactly the same in taste, quantity and quality. In fact, they are perfect substitutes of each other. As the tea sellers in that area incur identical costs, they charge a uniform price. Given below is the information on the cost of production for the tea sellers: Quantity in O Total in Cost

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