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In a perfectly competitive industry, the market supply curve is given by P=8+1/25Q, where Q is the market-wide output. If each individual consumer has the

In a perfectly competitive industry, the market supply curve is given by P=8+1/25Q, where Q is the market-wide output. If eachindividualconsumer has the following demand: P=20-10q, where q is the demand of each individual, and there are 50 identical consumers, what is the quantity of demanded in equilibrium?

Group of answer choices

Q=25

Q=100

None of the other answers is correct.

Q=50

Q=500

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