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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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To find the equilibrium number of firms in this market we need to use the concept of the zeroprofit ... blur-text-image

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