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Assume that 500 identical beef producers compete in perfectcompetition. The average cost function of each producer is:AC(q)=4000q 2q and q>0. The total market demand for
Assume that 500 identical beef producers compete in perfectcompetition. The average cost function of each producer is:AC(q)=4000q 2q and q>0. The total market demand for each kg of beef is Q=1,000,000-50p
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