question below. Suppose there are 25 identical firms, each of which have a Total Cost function TC

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Suppose there are 25 identical firms, each of which have a Total Cost function TC = 100+ q2, where q is the quantity of output. Thus, the marginal cost of production is MC = 2q. There are 250 consumers. Let a be the proportion informed consumers who know the prices of all 25 firms. 0

Posted Date: Jun 23, 2024 06:09 AM

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question below. Suppose there are 25 identical firms, each of which have a Total Cost function TC

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