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a. Now assume that each firm in the industry has the same market share, so the quantity of tomato cans that each firm produces (

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a. Now assume that each firm in the industry has the same market share, so the quantity of tomato cans that each firm produces ( (L- ) is equal to the total sales in the market ( S ) divided by the number of participating firms ( ). (11.:an Total sales in the market ( 5 ) are equal to $30,000- Derive the firms' average cost to show that the average cost curve (CC) is given by: CC Curve: AC:0.1'H+12

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