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The supply of high quality good is MCy = 40 + Q# ; The demand of high-quality good is PH = 100 The supply of
The supply of high quality good is MCy = 40 + Q# ; The demand of high-quality good is PH = 100 The supply of low quality good is Qz ; The demand of low quality good is PL = 50 a. What are the prices and quantity with perfect information (5 points)? b. What are the prices and quantity without information (5 points)
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