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The external marginal cost of producing coal is MCexternal =6q while the internal managerial cost is MC internal=4q. The inverse demand for coal is given
The external marginal cost of producing coal is MCexternal =6q while the internal managerial cost is MC internal=4q. The inverse demand for coal is given by p=120-2q. What is the competition level of output 10 20 15 8
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