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Posted on Jun 12, 2024

The table shows the market demand and competitive fringe supply for a market with a dominant firm. Complete the residual demand column of the table.

Price Market demand Competitive fringe supply units Residual demand

(dollars per unit) unit unit

40 40 30

35 50 25

30 60 20

25 70 15

20 80 10

15 90 5

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