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don't answer by pen paper and don't use AI bot others 1)The market for sweet potatoes consists of 40 identical firms. The market demand curve
don't answer by pen paper and don't use AI bot others
1)The market for sweet potatoes consists of 40 identical firms. The market demand curve is given by Q=120-2P. Eackfirm has a short-run total cost curve of C(g)=30+4+24? 2)What is the price in this market, P*?An individual firm output is, q*? 3)What is the maximum prof an individual firm can earn, pi*? 4)The Lerner Index will be, LI?
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