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onsider the market for ride sharing services in NYC. All firms and potential entrants are identical. Each has an average cost curve AC(q) = 40

onsider the market for ride sharing services in NYC. All firms and potential entrants are identical. Each has an average cost curve AC(q) = 40 q + 0.01q2, where q is the number of rides per week. Market demand is QD(p) = 25, 000 1, 000p, where Q is also in rides per week

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