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Suppose that three firms are considering entering a new market for crypto-currency-backed health insurance plans. Each has a different approach to the market and thus
Suppose that three firms are considering entering a new market for crypto-currency-backed health insurance plans. Each has a different approach to the market and thus a different supply curve as follows: 1()= , 2()=2 , and 3()=28 .draw the industry supply curve for this market (if the curve is kinked, use multiple line segments that overlap). Try again. You'll need to invert the supply curve and also consider which firms are in the market for specific price ranges
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