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Suppose that after an exhausting quarter of ECON 300, you become an expert economist on the market of energy drinks like Red Bull. The government
Suppose that after an exhausting quarter of ECON 300, you become an expert economist on the market of energy drinks like Red Bull. The government is worried about the consumption of this type of drinks and hires you to study dierent policies. The government gives you the following information: There are 50 firms, with cost function 2 150 (50q) 3 2 . There are 200 identical consumers with demand functions qD = 50p2
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