Question
RBL Communications manufactures and sells a standard type of pager in a perfectly competitive market. This market consists of 1000 identical firms (including RBL).
RBL Communications manufactures and sells a standard type of pager in a perfectly competitive market. This market consists of 1000 identical firms (including RBL). Using the graph below answer the following questions: Price per pager 30 28- 26- 24- 22+ 20- 18- 16- 14- 12- 10- 6-5 2- O Pack 2,6 MC 2 3 Quantity (Hundreds of pagers) AVC :7.5 +o 8 69 10
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