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The market for gadgets is described by the demand function Q = 2 0 0 5 P . Gadgets are produced only by the Gadgetry
The market for gadgets is described by the demand function QP Gadgets are produced only by the Gadgetry Ministry, and given away for free to the people who value them the most. The marginal cost of producing a gadget is $ If the ministry decides to produce gadgets, what is the total benefit of the project to the consumers?
The market for gadgets is described by the demand function QP
Gadgets are produced only by the Gadgetry Ministry, and given away for free to the people who value them the most. The marginal cost of producing a gadget is $
If the ministry decides to produce gadgets, what is the total benefit of the project to the consumers?
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