Question
In a given market with inverse demand P (Q) = 60-30, any firm can enter by making an initial investment of F = 27,
In a given market with inverse demand P (Q) = 60-30, any firm can enter by making an initial investment of F = 27, and then producing at a per unit cost of c = 10 What is the equilibrium number of firms in this market?
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Income Tax Fundamentals 2013
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