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for a perfectly competitive firm, suppose that all fixed cost is sunk and total fixed cost is 500 and average variable cost is 6+0.010. market
for a perfectly competitive firm, suppose that all fixed cost is sunk and total fixed cost is 500 and average variable cost is 6+0.010. market price is $16. market demand is given by q=144000-4000p. how many firms operate in the perfectly competitive market
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Introductory Statistics
Authors: Prem S. Mann
8th Edition
9780470904107
