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A B C D E F G H H $/q $/Q 60 60 50 50 40 40 30 30 20 20 MC SUPPLY 10 10

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A B C D E F G H H $/q $/Q 60 60 50 50 40 40 30 30 20 20 MC SUPPLY 10 10 LRAC DEMAND 0 0 q 0 20000 40000 60000 80000 100000 20 40 60 80 100 Q FIRM DATA MARKET DATA POLICY VARIABLES Output 27.05 Price $16.05 Income $45,000 AC $19.30 Q (D) 48,357 Tax per unit $0.00 MC $16.05 Q(S) 48,347 MR-MC $0.00 Q (D)-Q (S) 10 Questions MC-AC -$3.25 No. of firms 1,787

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