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Question 50 (2 points) Suppose the demand curve is P = 500 - 50, there is no fixed cost, and there is a constant marginal

Question 50 (2 points) Suppose the demand curve is P = 500 - 50, there is no fixed cost, and there is a constant marginal cost of $50 per unit. The equilibrium quantity for a competitive market is units. The equilibrium price for a competitive market is Blank 1: Blank 2

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