Question
Suppose a market with two sellers
Seller 1 has a marginal cost of c1=20q1 and seller 2 has a marginal cost of c2=40q2
Find the market supply curve in a competitive market where the price = c1= c2
Seller 1 has a marginal cost of c1=20q1 and seller 2 has a marginal cost of c2=40q2
Find the market supply curve in a competitive market where the price = c1= c2
Answers
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