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Consider the external conomies of scale problem. There are two countries, H and F, that can produce a good for the world market. World demand

Consider the external conomies of scale problem. There are two countries, H and F, that can produce a good for the world market. World demand is given by p = 30Q0.75. Country H has supply curve given by CH = 15Q.5 and country F has supply curve given by CF = 10Q.5. Problem 4: Suppose that H has a head start and is supplying the world market while F has yet to open up to trade. Solve for the price and the quantity being sold on the world market

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