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You want to buy a TV. Suppose there are Type I vendors in the market who charge $ 60 for portable TV; type II sellers,
You want to buy a TV. Suppose there are Type I vendors in the market who charge $ 60 for portable TV; type II sellers, $ 80; Type III sellers, $ 100; type IV, $ 120, and type V, $ 140. If you have a constant marginal cost of 4. Determine b) How many searches should you carry out?
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